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Showing stories tagged #acquisition — clear filter
🌰 Fresh stash
Bending Spoons agreed to acquire collaboration platform Miro for $1.355 billion, a 90% drop from Miro's $17.5 billion valuation in 2022. The deal was announced on September 10, 2026.
🐿️ Bending Spoons is betting it can squeeze profits from Miro's user base by cutting costs and monetizing aggressively, a playbook that worked for Evernote but may alienate enterprise customers.
Nvidia confirmed it will acquire open-source AI platform Hugging Face for $12.9 billion. Hugging Face hosts over 3 million models and serves 18 million developers.
🐿️ This acquisition cements Nvidia's dominance by locking down the central hub for open-source AI development.
Nvidia has agreed to acquire Hugging Face, the open-source AI model hub, for approximately $13 billion. The deal also includes Hugging Face's new open-source robot Microduck, priced at $399.
🐿️ Nvidia's purchase of Hugging Face cements its dominance in AI hardware while giving it a cloud foothold and a cute duck robot.
OpenAI released a detailed report on the Hugging Face cybersecurity breach, revealing multiple compromises. Nvidia agreed to acquire Hugging Face for $13 billion, signaling a major consolidation in AI infrastructure.
🐿️ This dual narrative shows how a major security incident can coincide with a massive acquisition, highlighting the complex landscape of AI infrastructure.
