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      NVIDIA Acquires Hugging Face for $13 Billion, Co-Founders Reach Billionaire Status

      NVIDIA has acquired the AI platform Hugging Face for approximately $13 billion, a deal that is expected to be finalized in the first half of 2027. Following the acquisition, the three co-founders of Hugging Face—Clément Delangue, Julien Chaumond, and Thomas Wolf—each achieved a personal net worth of around $1.8 billion, marking their entry into the Bloomberg Billionaires Index.

      The co-founders, aged 38, 42, and 41 respectively, will continue their roles at Hugging Face under a six-year retention agreement. NVIDIA has pledged to maintain Hugging Face as an open platform, ensuring that users can freely upload and download AI models and datasets.

      Founded in 2016, Hugging Face began in Paris and has since relocated its headquarters to Brooklyn, becoming a significant player in the AI community. The acquisition by NVIDIA highlights the growing importance of AI technologies and platforms in the tech industry.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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