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Why is Jensen Huang-led Nvidia acquiring AI platform Hugging Face for $12.9 billion? Here's what we know

Saturday, September 5, 2026 - 02:42
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Why is Jensen Huang-led Nvidia acquiring AI platform Hugging Face for $12.9 billion? Here's what we know
Chipmaker Nvidia is acquiring AI platform Hugging Face for $12.9 billion, seeking to strengthen its position in open-source AI, sustain demand for its chips and expand its cloud-computing business.

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