Nvidia Acquires Hugging Face for $12.9B
FinanceYF5 · x · 2026-09-08
- Nvidia is acquiring Hugging Face for $12.9 billion.
- Founders Clément Delangue (CEO), Julien Chaumond (CTO) and Thomas Wolf (CSO) are French, but the company was founded in New York in January 2016 and moved stateside in 2017 to raise; the cap table has been American for a decade.
- Its largest office is in Paris, but Hugging Face has always been a US Inc. — French Tech will claim the exit, though it never was a French company.
More from Venture
- Revolut founder Storonsky: investor pushed me to fire my best engineer, so I removed all VCs from the board — ctjlewis · 2026-10-27
- Anthropic officially files S-1 registration statement with SEC for proposed IPO — TinfoilTricorn · 2026-10-27
- YC F26's EveryApp wants to open-source every business app; OpenSEO already at 24k stars — ycombinator · 2026-10-27
- Gary Marcus asks why Anthropic couldn't legally disclose Q3 numbers in its S-1 filing — GaryMarcus · 2026-10-27
- Gary Marcus flags Nov 11-15: Anthropic's Q3 S-1 update and earliest IPO window — GaryMarcus · 2026-10-27
- Kimi K3 Is 'Open' Until You Succeed: License Caps Free Use at $20M Revenue — alex_verem · 2026-10-27