Hugging Face CEO Says Continued Push for Open-Source AI, Nvidia Acquisition Still Pending Completion by Mid-2027

Hugging Face CEO Says Continued Push for Open-Source AI, Nvidia Acquisition Still Pending Completion by Mid-2027

2026-11-12 17:39View Original

According to reports, Hugging Face CEO Clément Delangue stated that the team will "work even harder" to advance open-source AI following Jensen Huang's departure as CEO of NVIDIA, emphasizing that this direction should not be slowed down. NVIDIA had previously announced a $12.9 billion acquisition of Hugging Face, with the transaction still scheduled to close in the first half of 2027.

Previously, the U.S. Department of Justice had initiated inquiries into the potential impact of this deal on AI market competition. Huang has long advocated for open-source initiatives and open-weight models; NVIDIA also announced a $6 billion investment into the code startup Poolside and expanded its Nemotron open-weight model series.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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