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Chronicles

The story behind the story

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Sources: Hugging Face declined Nvidia's $500M investment offer at a $7B valuation in late 2025; Hugging Face says it does not want a single dominant investor

Financial Times Melissa Heikkilä

Discussion

  • @justinhendrix Justin Hendrix on bluesky
    This is an interesting story on Hugging Face turning down a deal to avoid too much reliance on a particular investor and a focus on open models.  “Hugging Face now sits at the centre of a geopolitical and commercial struggle over how artificial intelligence should be built, share…