Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI
Hugging Face acquisition rumours ended on Thursday 3 September 2026, when Jensen Huang published a blog post confirming that Nvidia has agreed to buy the platform for $12,930,300,000. Not “roughly $13 billion” — that exact figure, down to the hundred thousand. It is the second-largest deal in Nvidia’s history, behind only the $20 billion it […]