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Hugging Face built a $4.5 billion empire on free AI models. Now Nvidia is buying it for $12.9 billion

Thomas Wolf has spent a decade convincing the world that open-source AI is not a charity project. On August 27, 2026, the market settled the argument. Nvidia agreed to buy Hugging Face, the company famous for hosting the open-source AI ecosystem with more than 3 million open-source LLMs, for $12.9 billion, according to The Information, […]

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The “GPT moment” for robots is already here. It’s just not in your home yet

The $14 Billion Robot Company That Doesn’t Make a Single Robot Inside Skild AI, the Pittsburgh startup building the “universal brain” that already powers hundreds of factory machines Eight months after Jensen Huang declared the “ChatGPT moment for physical AI is nearly here” at CES 2026, one Pittsburgh startup is proving him right, not with […]

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You can’t regulate your way to AI sovereignty

For years, critics of Europe’s AI strategy have made the same argument: while America builds artificial intelligence, Europe writes laws for it. The EU AI Act became the clearest expression of that divide – a landmark attempt to govern AI that many saw as further proof that Europe was prioritizing rules over innovation. Recent events […]

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Is the ‘SaaSpocalypse’ a myth? The real cost of AI-built software

Before replacing SaaS subscriptions with internally built AI software, executives should evaluate the full lifecycle cost of ownership rather than focusing on development cost alone. The key question is not whether the organisation can build a tool, but whether it has the capacity and resilience to maintain, secure, and continuously evolve it over time. This […]

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