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27 Aug 202615 Rabiʻ I 1448 AH
[AINews] NVIDIA buys HuggingFace for $13B, as OpenAI publishes their HF incident retro

[AINews] NVIDIA buys HuggingFace for $13B, as OpenAI publishes their HF incident retro

Nvidia has announced its acquisition of HuggingFace for $13 billion, which is approximately 80 times its annual revenue of $150 million. This deal represents a significant increase from Nvidia's initial $7 billion offer made in January 2026. The acquisition comes at a time of growing interest in open AI models, as Z.ai launched its GLM-5.3-Flash model, which features a multimodal design with a 1M-token context window. The new model reportedly outperforms GLM-5.2 at all performance levels.

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