Nvidia Acquires Hugging Face, Founders Join Billionaire Ranks

Nvidia has announced the acquisition of AI platform Hugging Face for approximately $13 billion. Following the deal, the company's three French co-founders—Clément Delangue, Julien Chaumond, and Thomas Wolf—have each reached a net worth of $1.8 billion, marking their debut on the Bloomberg Billionaires Index. The transaction is expected to close in the first half of 2027, with the founders committed to staying with the company for six years. Nvidia has pledged that Hugging Face will remain an open platform, allowing users to continue uploading and downloadin