AI Giant Nvidia to Buy Hugging Face for $12.9 Billion

Nvidia co-founder and CEO Jensen Huang is making a big new bet on an open-source AI future. On Thursday, Huang announced that Nvidia, a major supplier of hardware to power AI applications, reached a deal to acquire Hugging Face — which operates a platform for building AI open-source models — for $12.93 billion. “Together, we […]

Last updated Sep 3, 2026 by ATDb automated enrichment