https://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-dealContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-dealhttps://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-deal#u61612Tue, 08 Sep 2026 16:15:49 +0000Nvidia has finalized a $12.93 billion acquisition of Hugging Face, securing control of the prominent open-source AI repository. The deal grants Nvidia ownership of the platform utilized by 18 million developers to build and distribute AI models, which previously generated over $150 million in annualized revenue. While Nvidia promises to keep the library open, market analysts question whether the developer community will remain on the platform following the buyout.Why it mattersThis acquisition represents a major structural push by Nvidia into software infrastructure and open-source developer w https://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-dealhttps://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-deal#u58961Sun, 06 Sep 2026 11:40:44 +0000Nvidia has confirmed its acquisition of open-weight AI platform Hugging Face for approximately $13 billion, marking a major expansion beyond hardware into developer platforms. The transaction follows years of independent growth by Hugging Face, which accumulated 18 million developers and $150 million in annualized revenue before accepting the buyout offer. Meanwhile, Nvidia is separately discussing a $2.5 billion investment in Thinking Machines Lab, a startup founded by former OpenAI CTO Mira Murati that is seeking up to $6 billion in new funding at a pre-money valuation of at least $40 billio https://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-dealhttps://www.live-feeds.com/feed/nvidia-bets-13-billion-on-open-ai-models-with-hugging-face-deal#u57596Sat, 05 Sep 2026 01:47:11 +0000Nvidia has confirmed the acquisition of open-weight AI platform Hugging Face for approximately $13 billion. The deal, valued by some sources at $12.93 billion, signals a strategic shift for CEO Jensen Huang to expand Nvidia's ecosystem beyond hardware into developer platforms and open-source models. Hugging Face CEO Clément Delangue stated that the startup approached Huang regarding the acquisition several weeks ago. The deal results in Hugging Face founders each becoming worth $1.8 billion and provides a significant financial windfall for investors, including Betaworks.Why it mattersThe