Nvidia Secures Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia announced that it has completed the purchase of Hugging Face, the prominent open‑source artificial‑intelligence platform, for a total consideration of about $12.9 billion. According to reporting by BBC News, the bulk of the transaction—approximately $11.9 billion—will be paid directly to the investors who currently hold stakes in Hugging Face. In addition, Nvidia has indicated that it coul…
Sept. 4, 2026, 1:50 p.m.