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Nvidia agrees to buy Hugging Face for almost $13 billion, expanding further up AI stack

  • Ari Levy--CNBC
  • published date: 2026-09-03 12:07:56 UTC

Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."

Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack. With the deal, w… [+1873 chars]