This Week in Startups · Friday, August 28, 2026
The hosts discuss the possibility of Nvidia acquiring Hugging Face for $12.9 billion, framing it as a significant move in the AI landscape. They speculate on how this acquisition could solidify Nvidia's dominance in open-source AI and impact companies like Anthropic and OpenAI by potentially shifting a third of their revenue to Nvidia.
“Nvidia taking over all of open source. They've agreed to acquire Hugging Face for $12.9 billion.”
“If you want to know how Anthropic is hitting 50 billion, if you want to know how OpenAI is hitting whatever it is, 30, 40 billion.”
“That means that you could see Nvidia add a third of the market cap of the top two frontier models.”