NVIDIA Acquires Hugging Face for $12.9 Billion
By: x.com|2026/08/28 01:36:44
0
Share
Prefer us on Google
NVIDIA has announced its acquisition of the open-source AI platform Hugging Face for $12.9 billion. NBA star Kevin Durant initially invested $250,000 in the company, and following this acquisition, the value of his shares may exceed $60 million, yielding a return on investment of approximately 240 times. Hugging Face has become a significant aggregation platform for AI models and has extended into the cryptocurrency space through decentralized AI-related projects. This acquisition may further drive the integration of AI and the cryptocurrency industry.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Socure Secures $156 Million Funding, Valuation Reaches $5.2 Billion
US SEC Plans to Restart Public Token Financing as ICO Market Demand Weakens
Ansem Announces On-Chain Investment Criteria, Excludes Targets with Market Cap Below $10 Million
Connecticut Governor Calls for Regulation of Calci's Sports Betting
Connecticut Governor has stated that Calci's sports betting operations should be subject to the same regulations as existing sports betting companies. The Meta agreement and tariff issues also relate to youth protection and living conditions.
SOL Spot ETF Sees Daily Net Inflow of $60.91 Million
US Soldier Faces Lawsuit for Insider Trading Profits of Millions
August 28 Cryptocurrency: Bitcoin May Surpass Gold's Market Cap, Predicts Binance Founder
DeFi Development Expands Holdings to 2.33 Million SOL with Resumption of Solana Purchases
Five Charts to Understand the Starting Point of the Bitcoin Bull Market in 2026
Bitcoin Miners' Shift to AI: How IREN and Semiconductor Giants (MU, NVDA) Are Redefining Hashrate Economics
Bitcoin miners are reevaluating cheap electricity and data center infrastructure as computing resources that can also be directed towards AI. While AI revenues tend to be more stable on a contract basis, mining revenues are more susceptible to fluctuations in BTC prices and difficulty, which could a...
What is being said at the tables: full official attention to the dollar-inflation duo and investors like Marcelo Gallardo, "with the guard up"
The market reinforces caution and positions itself with greater coverage against the rise in country risk. At the tables, they are already rehearsing electoral scenarios for 2027 and closely following political signals.
EASY Residency Season 4 List Released, 9 Projects Have Interactive Opportunities
8 Years of 'Friendship': Internet Celebrity Di Shi Reveals He Was Defrauded of Millions by Sun Zeyu
Hash Global: After BTC, Who Will Take the Baton for the Next Bull Market?
Roman Storm's retrial postponed to April 2027
What Does the 'Niche Market' of Gold Mean?
Historically Unique: An Asset with 100% Winning Rate Over 4 Years
Potential Taxable Activities for Cryptocurrencies in 2025 Estimated at Approximately 73 Trillion Yen = Chainalysis
Credit Card Expenses in Dollars: The Best Way to Pay the Bill and Avoid Extra Charges
There are alternatives to avoid the 30% surcharge and reduce the final cost of purchases made abroad.
Anthropic AI Hardware Control Achieves 99.3% Success Rate in Tests
BTC Transfer from Kraken: 843 Bitcoins Leave the Exchange to Unknown Wallet
Euro Stablecoin on Ethereum: $579 Million, More Than Double Solana and Base
Alliance: AI Agents Are the Missing Piece of Web3
"How I Almost Lost Half of My Bitcoins (and Kimi K3 Saved the Day)": Ledger User
Mirae Asset targets $109B digital asset business
SBI Invests 43 Billion Yen in Indonesia's Ajaib for Cryptocurrency Collaboration
U.S. Banking Regulators Exclude Reputation Risk, Reviving Debanking Discussions
U.S. banking regulators have institutionalized a supervisory principle focused on financial risks such as capital, liquidity, and credit, excluding reputation risk from their oversight criteria. This has led to expectations in the cryptocurrency industry that the so-called debanking issue, where acc...
$6.4 Billion in Bitcoin Options Expire Tomorrow—Here's What It Means
Stellar’s $3B RWA market faces a $2M DeFi gap
Why Ethereum Staking Will Change in 2026
For financial advisors, Ethereum staking is no longer a niche topic from the world of crypto enthusiasts, but a practical tool for managing ETH. As large investors increasingly utilize Ethereum, the returns from participating in the proof-of-stake mechanism are increasingly coming into focus for cor...
Socure Secures $156 Million Funding, Valuation Reaches $5.2 Billion
US SEC Plans to Restart Public Token Financing as ICO Market Demand Weakens
Ansem Announces On-Chain Investment Criteria, Excludes Targets with Market Cap Below $10 Million
Connecticut Governor Calls for Regulation of Calci's Sports Betting
Connecticut Governor has stated that Calci's sports betting operations should be subject to the same regulations as existing sports betting companies. The Meta agreement and tariff issues also relate to youth protection and living conditions.
SOL Spot ETF Sees Daily Net Inflow of $60.91 Million
US Soldier Faces Lawsuit for Insider Trading Profits of Millions
...
Contents
Latest articles
08/27/2026
08/27/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
