New York Times business news - September 4

Volkswagen said on Thursday that it would go forward with the most sweeping restructuring in its 89-year history, cutting about 50,000 additional jobs in the face of surging Chinese competition, high energy prices and a costly transition to electric vehicles.

Nvidia said it is buying Hugging Face, a library of open artificial intelligence models, for $12.9 billion, as the chipmaker extends a spending spree in the escalating global race to dominate the technology.

U.S. President Donald Trump said he was appointing Adam Telle, the official overseeing the U.S. Army Corps of Engineers, to take over as the acting Army secretary, following the resignation of Daniel Driscoll earlier this week.

Tesla said it had begun offering paid rides in a car that has no steering wheel and is designed to transport passengers with no direct human intervention.