Post by @thisismoney

Kevin Durant’s £185,000 investment in AI startup Hugging Face could reportedly be worth more than £44 million following Nvidia’s blockbuster acquisition deal 🏀💷 The NBA star and business partner Rich Kleiman invested around £74,000 during Hugging Face’s seed round before adding another £111,000 during its Series A funding. Their combined £185,000 investment is now estimated to be worth more than £44 million, potentially delivering a return of roughly 240 times their original investment. Nvidia has agreed to acquire Hugging Face for around £9.6 billion, with the deal expected to close in the first half of 2027 subject to regulatory approval. The potential windfall highlights Durant’s growing investment portfolio away from basketball, which includes stakes in numerous technology and financial companies. #ThisIsMoney #Money #News #UK