Nvidia agreed to buy Hugging Face for $12.9 billion, hours after reporting earnings. Hugging Face last raised in 2023 a…
From @atlasberry008 on Instagram — 368.5K followers · See full profile →
Nvidia agreed to buy Hugging Face for $12.9 billion, hours after reporting earnings. Hugging Face last raised in 2023 at $4.5 billion. They turned down a $500 million Nvidia investment last year at a $7 billion valuation. Why Nvidia wanted it: OpenAI, Google, and Anthropic are all building their own chips to cut their Nvidia dependency. Open source is the hedge. Those developers don’t have custom silicon, so they buy commercial GPUs — and now Nvidia owns the hub they all pass through. My read:…
Tags: Claude · GPT · AI Infra · Reel
Topics in this post
Anthropic · Hugging Face · AI Infra · NVIDIA · OpenAI
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#ai · #founder · #startup · #venturecapital
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