Nvidia Acquires Open-Source AI Platform Hugging Face in $12.9 Billion Deal

Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

The deal gives Nvidia control of a leading open-source AI platform and developer community.

Nvidia Buys Hugging Face | Open Interest 9/3/2026

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Nvidia makes another massive AI bet, striking a nearly $13 billion deal for Hugging Face. Blackstone caps private-credit redemptions again, while Elliott takes aim at Deutsche Telekom’s T-Mobile strategy. Plus, Matchroom Chairman Eddie Hearn reveals the location of the Fury-Joshua battle and his next big US expansion. And BWH Hotels CEO Larry Cuculic joins us on shifting travel demand, rising costs and the W...

Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face

The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.

By Kalley Huang, Lauren Hirsch and Kate Conger

Nvidia’s $13bn deal cements its $5.5tn advantage

It’s an investor, backer, supplier and guarantor for companies its Hugging Face acquisition potentially disrupts

Nvidia announces purchase of AI platform Hugging Face for $12.9 billion

The microchip giant announced Thursday it would acquire the platform, which was founded by three French entrepreneurs in New York in 2016, at a marked increase over the $7 billion reportedly at the basis of initial negotiaions. The announcement comes as companies turn to open AI models to keep costs down.

Nvidia to buy developer platform Hugging Face in $12.9bn deal

Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chips Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for ⁠open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips. Shares ⁠in Nvidia were ⁠slightly lower ​after the $12.93bn (£9.57bn) deal – which ranks among its biggest ever – was announced for the database of AI models on Thursday. Continue reading...

By Reuters

Nvidia buys developer platform Hugging Face for $12.9bn - The Times

Nvidia buys developer platform Hugging Face for $12.9bn  The Times

Nvidia inks $13 billion deal to buy the AI startup that was hacked by OpenAI - CNN

Nvidia inks $13 billion deal to buy the AI startup that was hacked by OpenAI  CNN

What's behind Nvidia buying Hugging Face? A past Microsoft deal offers clues

This is nothing new to the world of Big Tech.

Why Hugging Face Is a $13 Billion Look Into AI’s Future - Barron's

Why Hugging Face Is a $13 Billion Look Into AI’s Future  Barron's

Nvidia to buy Hugging Face in $12.93 billion deal

The acquisition of the AI software platform will keep it as an open platform, Nvidia said.

Nvidia to buy developer platform Hugging Face for $13-billion

Chip maker backing open source AI to buffer a slowdown in chip demand from hyperscalers

Nvidia To Acquire Hugging Face

A new plan by Nvidia may consolidate the company’s centrality to AI research and development.

By John Werner, Contributor

There's an Easter egg hiding inside the $12.9303 billion price tag of the Nvidia-Hugging Face deal

There's a hidden puzzle in the deal price between Nvidia and Hugging Face. Matt RAMEY / AFP via Getty Images; Chip Somodevilla/Getty Images Nvidia and Hugging Face hid an Easter egg in its $12.9303 billion acquisition price. Techies raced to solve the puzzle. They quickly found a connection to the hugging face emoji. The Nvidia tie proved trickier. Look closely at the Nvidia-Hugging Face deal number. Hugging Face cofounder Thomas Wolf snuck a parenthetical into his announcement of the compa...

Nvidia Is Paying $14 Billion for a Company That Gives Its Best Work Away for Free

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 […]

By Todd Spangler

Nvidia-Hugging Face deal: Chip giant to buy AI platform for $12.93 billion

Nvidia buys AI platform Hugging Face for nearly $13b. months after OpenAI's rogue agent incident

Jensen Huang, CEO of Nvidia, said the acquisition aimed to provide more "open weights to the AI economy" and promised not to impose requirements to use Nvidia technology on the platform.

Nvidia to buy Hugging Face for nearly $13 billion in big bet on open AI models

Nvidia to acquire Hugging Face for $12.9B

Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal

By Investing.com

Nvidia to buy Hugging Face for nearly $13 billion in major open AI push

By Reuters

Nvidia to buy AI platform Hugging Face for US$12.9 billion

Nvidia to buy Hugging Face for $13b in big bet on open AI models

Hugging Face would give it developer access, tools and data to help close the AI gap with US and Chinese labs

By Reuters

Nvidia to Buy Hugging Face in $12.93 Billion Deal

The acquisition of the AI software platform will keep it as an open platform, Nvidia said.

Nvidia to buy AI platform Hugging Face for $12.9 bn - Tech - Business - Ahram Online

Nvidia to buy AI platform Hugging Face for $12.9 bn - Tech - Business  Ahram Online

NVIDIA To Buy Hugging Face For $12.9 Billion

NVIDIA To Buy Hugging Face For $12.9 Billion Nvidia has agreed to buy AI startup Hugging Face for roughly $12.93 billion, putting the world's most important open-model hub under the same roof as the most dominant AI chip company on the planet, according to The Wall Street Journal.  Image via FT CEO Jensen Huang announced the deal on Thursday, a day after NVIDIA filed that it had signed a definitive agreement. The transaction includes about $11.9 billion for Hugging Face stockh...

By Tyler Durden

Nvidia Buys AI Platform Hugging Face for $13 Billion

Nvidia Corp. has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion.

By Ryan Gould, Ian King, Rachel Metz

Nvidia to buy Hugging Face for $13 billion in big bet on open AI models - The Star

Nvidia to buy Hugging Face for $13 billion in big bet on open AI models  The Star

Nvidia to acquire Hugging Face for $12.93bn to scale AI platform

Santa Clara: Nvidia has acquired AI platform Hugging Face for USD 12.93 billion, Nvidia CEO Jensen Huang said in a blog post on Thursday, as the chipmaker...

By Times of Oman