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Open-weight AI companies are the Valley’s hottest acquisition targets

Nvidia is reportedly set to acquire Hugging Face for a staggering thirteen billion dollars, following its recent six billion dollar deal with Poolside. This surge in acquisitions highlights the rising interest in open-weight AI models, as o...

TechCrunch· Aug 28, 2026 · 9:24 PM · 39 views

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Nvidia is reportedly set to acquire Hugging Face for a staggering thirteen billion dollars, following its recent six billion dollar deal with Poolside. This surge in acquisitions highlights the rising interest in open-weight AI models, as only six percent of companies currently utilize them. Full story and more reels: https://newsreel.video #news #breaking #AI #Nvidia #HuggingFace #technology #acquisition #innovation

Originally reported by TechCrunch. Read the full story →

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