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Chamath says Nvidia's Hugging Face acquisition is as a massive move against AI becoming a closed source oligopoly 'Jensen and I were texting…
Chamath says Nvidia's Hugging Face acquisition is as a massive move against AI becoming a closed source oligopoly 'Jensen and I were texting this morning. I said to him, this is the most incredible th
Chamath says Nvidia's Hugging Face acquisition is as a massive move against AI becoming a closed source oligopoly "Jensen and I were texting this morning. I said to him, this is the most incredible thing that you've done. This Hugging Face thing will go down as one of the most important transactions in AI." "Because you are creating now in the largest competitor, and the largest, most well capitalized company, a bulwark against all of this closed source oligopoly insanity." "At the same time, you're actually creating more rational competition up and down the stack. Everybody is becoming everything. NVDA will look like Amazon, Amazon will look like NVDA, Google will look like Amazon and $NVDA, etc, etc, etc." "I don't want to be rug pulled and end up in an oligopoly or duopoly market structure because of a hysteria that was manmade." Media
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Source: Clem Delangue (X) | 2026-09-05