CEOInterviews.AI
Start App
Thomas Wolf
Cofounder and Chief Scientist, Hug

Why NVIDIA Paid $12.9B for Hugging Face & The $399 Robot - Thomas Wolf

📅 Aug 28, 2026 AI Crypto Minds with Anna Tutova 9 MIN 501 VIEWS 33 SEGMENTS · 2 SPEAKERS
Thomas Wolf: Why NVIDIA Paid $12.9B for Hugging Face & The $399 Microduck Robot | Exclusive Interview from Machina/RAISE summit in Paris NVIDIA agreed to buy Hugging Face for $12.9 billion. On the same day, co-founder Thomas Wolf unveiled Microduck, a 25cm open-source biped robot you train yourself for $399. I sat down with the physicist-turned-patent-attorney who built the world's default platform for open-source AI. He told me why he turned down $500M from NVIDIA last year, why open-source models are catching closed labs, and what happens when the chip monopoly owns the ecosystem. What w...

What Thomas Wolf said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Thomas Wolf, cofounder and chief scientist of Hugging Face, discussed the state of open-source AI, robotics, and the company's future. He highlighted that Hugging Face hosts over 4 million models and praised recent open-source models like GLM-4 and Google's Gemma 2, noting Gemma 2 27B's speed and quality. Wolf explained the acquisition of Pollen Robotics, aimed at providing accessible robots for AI developers, citing the success of their SO-100 robotic arm, which sold over 10,000 units and is projected to sell 20,000 this year, with a new model priced between $200 and $500. He mentioned Hugging Face's six acquisitions, their partnership with Qualcomm, and their Blob Storage product for petabytes of data. He also touched on his angel investment in Alice & Bob and his belief that AI will transform research across fields, while pushing back on the idea of imminent job loss.

Key takeaways

  1. Open-source models like GLM-4 and Gemma 2 are approaching frontier performance.
  2. Pollen Robotics acquisition aims to make affordable robots for AI developers.
  3. SO-100 robotic arm sold over 10,000 units and is projected to sell 20,000 this year.
  4. Hugging Face plans to release a new robot this summer priced between $200 and $500.

Numbers and commitments

FigureWhat it refers toTypeAt
4 million models on Hugging Face Hub metric 0:12
10,000 SO-100 robotic arms sold commitment 5:35
20,000 projected sales of SO-100 this year guidance 5:35
$200 and $500 price range for new robot price 5:35
6 number of acquisitions by Hugging Face commitment 6:01
250 Hugging Face team size metric 6:01

Chapters

  1. 0:00Open-source model landscape
  2. 4:13Pollen Robotics acquisition
  3. 5:35Robotics sales and pricing
  4. 5:56Acquisition strategy
  5. 6:42Quantum computing interest
  6. 7:37Future products and partnerships
  7. 8:47AI's impact on jobs

Questions asked in this interview

9
  1. 0:56You studied physics as well, then too you used to be a patent lawyer, and then you started Hugging Face. What's the idea behind it?
  2. 2:24And you are the big proponents of open-source models, so what is the most fascinating thing about these open-source models?
  3. 4:13Why do you support open source for this project?
  4. 5:31Is it commercially viable to sell robotics at this price?
  5. 6:21Any particular focus as you're looking for?
  6. 6:42So what are your thoughts on quantum considerations and the influence of AI discoveries?
  7. 7:37Maybe any new products, upcoming releases?
  8. 8:37Which field will disrupt the most?
  9. 8:47Will they have UBI, and people will do just some stuff for leisure?
Thomas Wolf 0:00 ↗
Maybe these AI models have kind of the consciousness of the end of like the workspace in their mind where there are some concepts.
Interviewer 0:09 ↗
That's the goal, right? Is to stop having to work.
Thomas Wolf 0:12 ↗
We have more than 4 million models on the hub. I think it's a constant revolution.
Interviewer 0:28 ↗
Hello, guys. So here now at Machine Summit in Paris, here with you on a digital form from the AI Crypto Minds, and our guest Thomas Wolf, who is co-founder and chief scientist of Hugging Face. And actually it's like GitHub for AI models and a platform for open-source AI models, and now as well on robotics too with the acquisition of Pollen Robotics. So maybe you can introduce yourself to us.
Thomas Wolf 0:54 ↗
Thank you. Hello, everyone.
Interviewer 0:56 ↗
So tell me about your story. It's so fascinating. You studied physics as well, then too you used to be a patent lawyer, and then you started Hugging Face. What's the idea behind it? So the super early days, how it came to this machine.
Thomas Wolf 1:12 ↗
I think I always worked with people I really wanted to work with. First, I felt that we needed a connection with my PhD director. I found him a very interesting researcher. He had crazy ideas, so I thought, 'Actually, I want to work with you.' And the same for other things. And then my co-founders also, when I met them, I found that these were actually guys who I could work with. And then the topic, I would say I've always loved to understand how the world works. So that's why I studied physics first. I did work in law for a time, and law was my way to understand how human society works, basically. And AI was this way to maybe understand how intelligence itself works. And we saw now, maybe today—I don't know when this broadcast will be—but today, for instance, Anthropic released this very interesting paper around maybe these AI models have kind of a workspace in their mind where there are some concepts. And so I think AI was this fascination about how is intelligence made.
Interviewer 2:24 ↗
And you are the big proponents of open-source models, so what is the most fascinating thing about these open-source models?
Thomas Wolf 2:33 ↗
I think it's a constant revolution. So last year DeepSeek was the big wave, right? Everyone realized that this was also pretty good, and actually a lot of people just discovered open-source AI at this time. This year we had that again just a few weeks ago with GLM-4, which was surprisingly close to frontier models. And every year, every few months having this open-source model that suddenly makes a jump, extremely good, I think it's fascinating. So right now, first of all, the models I really like: GLM-4 is really impressive, really amazing. And the current models, a series of pretty small models that are really good because they're quite easy. I really like the series of models from Google. Google has this series called Gemma, and the recent model Gemma 2 is extremely good. And it's also pretty small—you have a Gemma 2 27B, so you can run them. We just released a few days ago a demo of talking live with this model, and it's actually really, really fast, so you can discuss as with a person basically. The model answers so fast and it also reasons well. So Gemma is my personal favorite right now. But yeah, there are constantly models. We have more than 4 million models on the Hugging Face Hub.
Interviewer 3:54 ↗
I guess you couldn't try them all, but you tried quite a lot of them.
Thomas Wolf 3:58 ↗
Yeah, tried it. So we have a ranking of the trending ones, which is usually models people are excited about. And usually you should go on the homepage of Hugging Face; that's a good place to start. You look at what is trending, what are people excited about right now, and usually it's really interesting models.
Interviewer 4:13 ↗
And let's talk about robotics and your acquisition of Pollen Robotics. So what was the decision behind it? Why do you support open source for this project?
Thomas Wolf 4:23 ↗
So we started to work on software for robotics first. So we had this open-source library called LeRobot, which a lot of people are using. But then what we discovered is hardware is very expensive. Even the cheapest humanoid is still like several thousand dollars—seven, ten thousand dollars, twenty, thirty thousand dollars typically. And this is very expensive. So we thought there is a need for people who want to start trying physical AI or robotics. There are software developers and pretty deep in AI, and they would love to do robots. There is a need for an entry-level, accessible robot that you could buy. So we started with a robotic arm, the SO-100, that costs $100. And then we saw a lot of excitement about that, like a lot of people trying to build it or buying kits. And so that brought us to deciding maybe we should do more. And so at the same time I was talking with the Pollen team, and then I asked them why not join us, so why must we just gather this basically entry-level, accessible, yet still highly reliable and high-quality robots.
Interviewer 5:31 ↗
Is it commercially viable to sell robotics at this price?
Thomas Wolf 5:35 ↗
We already sold more than 10,000 of these. That was the first one we launched last year. Probably on track to sell 20,000 this year. We're going to have a second one released this summer that we also think is going to be a huge success. Exactly, I'm very, very excited about this new one. It's also the same order of magnitude, between $200 and $500. And yeah, being so many years in the business.
Interviewer 5:56 ↗
That's great. Are there any other companies you're looking to acquire, Speechmatics or—

17 more exchanges in this transcript

Sign in free to read the rest of this interview. No card required.

Sign in to read the full transcript

Cite this transcript

APA, MLA, BibTeX
APA

Wolf, T. (2026, August 28). Why NVIDIA Paid $12.9B for Hugging Face & The $399 Robot - Thomas Wolf [Interview transcript]. AI Crypto Minds with Anna Tutova. CEOInterviews.AI. https://ceointerviews.ai/interview/1275315/

MLA

Thomas Wolf. "Why NVIDIA Paid $12.9B for Hugging Face & The $399 Robot - Thomas Wolf." AI Crypto Minds with Anna Tutova, 28 Aug. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1275315/.

BibTeX
@misc{wolf2026_1275315,
  author       = {Thomas Wolf},
  title        = {Why NVIDIA Paid $12.9B for Hugging Face \& The $399 Robot - Thomas Wolf},
  howpublished = {Interview transcript, AI Crypto Minds with Anna Tutova. CEOInterviews.AI},
  year         = {2026},
  month        = {aug},
  url          = {https://ceointerviews.ai/interview/1275315/},
  note         = {Speaker-attributed transcript with timestamps}
}