Nvidia bets big on AI, to acquire Hugging Face in $12.93 billion deal; Jensen Huang says it will remain ‘open platform’

Saturday, September 5, 2026 - 02:42
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Nvidia bets big on AI, to acquire Hugging Face in $12.93 billion deal; Jensen Huang says it will remain ‘open platform’
Nvidia is acquiring AI software platform Hugging Face for $12.93 billion, emphasising its role in an open AI ecosystem. With over 18 million developers and 200,000 companies using the platform, Hugging Face will continue to support open source models and multi-cloud development.

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