Kevin Durant Could Reap $60 Million From Hugging Face Sale as Nvidia Eyes $12.9 Billion Deal
Updated
Updated · Bleacher Report · Aug 27
Kevin Durant Could Reap $60 Million From Hugging Face Sale as Nvidia Eyes $12.9 Billion Deal
1 articles · Updated · Bleacher Report · Aug 27
Summary
$250,000 that Kevin Durant and Rich Kleiman reportedly invested in Hugging Face's seed and Series A rounds could turn into more than $60 million if Nvidia completes its reported $12.9 billion acquisition.
Joe Pompliano said the exact payout is unconfirmed because Durant's ownership stake is not public, but Durant publicly referenced the investment in 2017, underscoring how early he entered the company.
CNBC said the deal would bring one of the most widely used open-source AI model platforms under Nvidia, extending the chipmaker's reach from chips deeper into software and model infrastructure.
For Durant, the windfall would add to $501.1 million in career NBA earnings and a $43.9 million Rockets salary this season, as he has recently said retirement is increasingly on his mind.