International Companies

Nvidia to buy AI platform Hugging Face for $12.9bn

By Michele Maatouk

Date: Thursday 03 Sep 2026

(Sharecast News) - Nvidia said on Thursday that it has agreed to buy AI platform Hugging Face for $12.9bn, following weeks of speculation.
Chief executive Jensen Huang said in a blog post that Hugging Face "will remain an open platform for the entire AI ecosystem".

"Developers will choose the models...

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