Tech giants race to acquire open-weight AI startups as Nvidia, Stripe make big bets
Nvidia is reportedly in talks to acquire Hugging Face for $13 billion, following its $6 billion deal with Poolside and Stripe's $7 billion purchase of OpenRouter. The acquisitions reflect a push by chipmakers and payments firms to control the open-weight AI ecosystem, which offers cheaper inference for high-volume tasks. Open-weight models are currently used by only a small fraction of companies, but their adoption is growing as firms seek cost savings.
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Original headline: “Open-weight AI companies are the Valley’s hottest acquisition targets.” Browse more stories.