Nvidia Agrees to Acquire Hugging Face for $12.9 Billion
Nvidia will buy the open-source AI platform Hugging Face for close to $13 billion, pledging to keep it open, multi-cloud, and free of any requirement to use Nvidia chips.
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Coverage of company acquisitions and mergers across the AI industry — from big tech buying up model labs and startups to smaller acqui-hires that pull in talent and technology. This hub tracks who is being bought, by whom, and what each deal signals about the direction of the AI market.
Nvidia will buy the open-source AI platform Hugging Face for close to $13 billion, pledging to keep it open, multi-cloud, and free of any requirement to use Nvidia chips.
Read more →OpenAI will stop supplying its AI models to the Cursor coding tool on November 12, citing distrust of new owner SpaceX after Elon Musk's companies broke past contracts.
Read more →SpaceX has closed its $60 billion all-stock purchase of Cursor, folding the popular AI coding assistant into the computing empire that already includes xAI's Grok.
Read more →Stripe has reportedly agreed to acquire OpenRouter, the AI model-routing platform used by 8 million developers, in a deal worth more than $7 billion that neither company has confirmed.
Read more →Anthropic is negotiating to acquire Decart AI, an Israeli startup behind real-time video and chip-efficiency technology, in what would be its largest deal to date, Bloomberg reports.
Read more →AMD has agreed to acquire Taalas, a Toronto startup that etches AI models directly into silicon, aiming to boost inference speed and efficiency across its chip lineup.
Read more →GPU cloud provider Nscale has agreed to buy Anyscale, the startup behind the open-source Ray framework, in a deal reported at roughly $1.65 billion.
Read more →SAP has finalized its purchase of Prior Labs, the German startup behind the TabPFN model, and will invest more than €1 billion over four years to build a frontier AI lab for structured business data.
Read more →xAI is Elon Musk's AI company and the maker of the Grok chatbot — now absorbed into SpaceX and rebranded SpaceXAI. Here's what it builds, how it got there, and how to try it.
Read more →Qualcomm has agreed to buy Modular, the AI infrastructure startup behind the Mojo programming language and MAX platform, for a reported ~$4 billion, aiming to build a cross-hardware AI deployment stack.
Read more →Qualcomm will acquire Modular — creator of the Mojo language and MAX inference engine — in a $3.9 billion all-stock deal aimed at letting developers deploy AI on any hardware without rewrites.
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