Nvidia reportedly nearing $14B Hugging Face acquisition; Kevin Durant's $250K bet up ~260x
创业邦 · wechat · 2026-09-03
Nvidia reportedly pursuing a $14B Hugging Face acquisition
Reports say Nvidia is advancing a deal to acquire Hugging Face for roughly $14B, which would be one of the largest acquisitions in Nvidia's history — more than triple Hugging Face's $4.5B valuation from 2023.
Kevin Durant's 260x early bet
NBA star Kevin Durant and business partner Rich Kleiman invested $100K in Hugging Face's 2018 seed round ($4M total) and another $150K in the 2019 Series A — about $250K in all, five years before Nvidia, Google, Amazon and others joined. At a $14B exit, that stake could be worth over $65M, roughly a 260x return.
Durant's investment machine
- After joining the Warriors in 2016, Durant co-founded family office ThirtyFive Ventures, whose 100+ company portfolio spans Postmates (acquired by Uber for $2.65B), Coinbase, Robinhood, WHOOP, and OpenSea.
- His capital now runs on two tracks: 35V for tech startups, Boardroom Sports Holdings for team stakes (PSG, Philadelphia Union, Gotham FC), with Boardroom operating as a sports business media platform.
Related event: Nvidia Officially Agrees to Acquire Hugging Face for $12.93 Billion(47 posts)→
More from Venture
- OpenAI crosses 25 million weekly agent users with higher monetization rates — downingARK · 2026-09-03
- Broadcom CEO says hedge-fund financing for OpenAI is like 'helping the underprivileged' — TiernanRayTech · 2026-09-03
- Nvidia buys Hugging Face for $13 billion after being rebuffed at $7B valuation — Ars Technica AI · 2026-09-03
- Dev's Claude Code sales plugin sent 1,097 emails in 85 days: 0 paid — No_Job_9995 · 2026-09-03
- ARK mid-year AI review: compute buildout and adoption keep beating expectations — downingARK · 2026-09-03
- Buying a refurbished 8xA100 server to colocate and rent out: one user's GPU math — Alarming-Ad8154 · 2026-09-03