NVIDIA reportedly acquires Hugging Face for $12.9B
altryne · x · 2026-08-31
The Information reports NVIDIA agreed to acquire Hugging Face for $12.9B, roughly 3x its 2023 valuation. Other news includes Z.AI's OX Alpha revealed as GLM-5.3-Flash, Alibaba previewing Qwen4, and Google releasing Gemini Omni 1.1 Flash. The show also covered PhoneLLM, an open-weights Nemotron fine-tune that boosted PhoneBench scores from 28% to 72% at 0.25 cents/minute.
Related event: NVIDIA Reportedly Agrees to Acquire Hugging Face for $12.9B(8 posts)→
More from Companies & People
- Wharton survey part 2: 44% of managers see productivity as AI's primary role, triple the next answer — ronbodkin · 2026-10-17
- Wharton survey: 76% of VP+ trust AI output with little checking, 47% of departments cut staff — ronbodkin · 2026-10-17
- Dev shares 'sobering' EMF Camp talk on being a woman in tech — threepointone · 2026-10-17
- Nat Eliason: alpha_founders cohort wows employers just six weeks in — nateliason · 2026-10-17
- Mintlify announces partnership with Xbox team to power its content — handotdev · 2026-10-17
- Intel CEO says Chinese frontier AI model adoption has been 'very fast' — yogthos · 2026-10-17