Nvidia is buying popular open-source AI hub Hugging Face for $12.9 billion

Sep 3, 2026 - 11:00
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Nvidia is buying popular open-source AI hub Hugging Face for $12.9 billion

Update (September 3): Nvidia has now confirmed that it will acquire Hugging Face for $12.93 billion, turning last week's reports into one of the chipmaker's largest deals ever. The deal includes up to $1 billion in equity incentives to retain Hugging Face employees and comes after the AI platform reportedly...

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