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Open-weight AI companies are the Valley’s hottest acquisition targets
Open-weight AI companies are becoming prime acquisition targets, with several high-profile deals recently reported. Nvidia is rumored to be acquiring Hugging Face, a platform for sharing open-weight AI models, for $13 billion. This follows Nvidia's $6 billion agreement with open-weight model builder Poolside. Additionally, Stripe recently acquired OpenRouter, a leading provider of open-weight models to businesses, for over $7 billion, highlighting a trend of significant investment in this sector.
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