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Nvidia to Buy Hugging Face for $12.9 Billion

9/7/2026

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Story summary
  • Nvidia announced a $12.9 billion acquisition of open-source AI platform Hugging Face.
  • Nvidia expects its first stand-alone CPU to generate $20 billion in sales this year.
  • Jensen Huang said Nvidia compute will not be required to build or deploy on Hugging Face.
  • Analysts say the deal will expand Nvidia’s AI ecosystem while keeping Hugging Face neutral to all providers.