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Nvidia’s $13 billion Hugging Face bet reveals Jensen Huang’s vision for the next AI battleground

This story is from 2026-09-04. It is preserved in the archive; the latest stories are on the live feed.

Nvidia will pay $12.93 billion for Hugging Face, which is generating roughly $150 million in annualized revenue. At about 86 times revenue, the price makes clear that Nvidia values Hugging Face less for the business it is today than for the strategic position it occupies at the center of open-sourc…

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  1. 2026-09-04 17:38 · r/ArtificialInteligence
    Nvidia’s $13 billion Hugging Face bet reveals Jensen Huang’s vision for the next AI battleground

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