In 2018, Kevin Durant Invested $100k In A Tech Company Called Hugging
Durant and Rich Kleiman invested $250,000 in Hugging Face’s early rounds, and Joe Pompliano says the stake could top $60 million.
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7 Articles
Nvidia's $12.9B Deal to Buy Hugging Face May Have Made Kevin Durant $60M: Inside the NBA Star's Portfolio
Nvidia has reportedly agreed to buy the artificial intelligence (AI) platform Hugging Face for $12.9B (£9.5B), according to a report on Wednesday night. One of those who could benefit is NBA star Kevin Durant, an early backer of the company. A widely shared post says the deal could turn the $250,000 (£183,000) he reportedly invested into more than $60M (£44M). Neither company has confirmed the deal, and nobody has said how much Durant put in. Du…
Kevin Durant's $250,000 Hugging Face bet is reportedly worth $60M
Kevin Durant and his business partner invested $250,000 in Hugging Face’s early rounds and his payout is reported at around $60M if Nvidia’s $12.9B acquisition completes. Employees at late-stage European startups own roughly 10% of their companies against 20% in the United States. Kevin Durant put $250,000 into Hugging Face and may be about to […] This story continues at The Next Web
Kevin Durant invested $250,000 in Hugging Face early in his career. After a possible acquisition by Nvidia, his share could be worth more than $60 million.
In 2018, Kevin Durant Invested $100k In A Tech Company Called Hugging
Back in 2018, Kevin Durant invested $100k in a strange little technology startup called Hugging Face. At the time, Hugging Face was mostly known for being an "artificial BFF" chatbot aimed at teenagers. Users could create a digital friend, send it messages, photos and emojis, and receive responses tailored to their mood. This was years before the release of ChatGPT. In the years that followed, Hugging Face pivoted away from the consumer chatbot …
Kevin Durant’s $250K Investment Could Reportedly Turn Into More Than $60 Million
Kevin Durant Kevin Durant’s $250K Investment Could Reportedly Turn Into More Than $60 Million Kevin Durant could be looking at a massive payday from an early investment in artificial intelligence company Hugging Face. The NBA star and his longtime business partner, Rich Kleiman, invested in the AI startup through their investment company Thirty Five Ventures. Sports business commentator Joe Pompliano reports Durant put $100,000 into Hugging Face…
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