Hugging Face CEO Vows to Continue Fighting for Open Source AI

By: techcrunch.com|11/13/2026 01:36:41

Hugging Face CEO Clément Delangue expressed sadness over the departure of Nvidia CEO Jensen Huang and emphasized the need to work harder for open source AI, deeming it crucial and insisting that there should be no slowdown. Nvidia has appointed Chief Financial Officer Colette Kress as interim CEO. In September, Nvidia announced plans to acquire Hugging Face for $12.9 billion, with the deal expected to close in the first half of 2027, marking Nvidia's second-largest acquisition in history. The U.S. Department of Justice has initiated inquiries in October regarding the impact of this acquisition on competition in the AI market, and Nvidia has committed to keeping the Hugging Face platform open and supportive.

-- 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

iconiconiconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]