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Nvidia's Hugging Face deal is a bet on open models — and proof it's no longer just a chip company

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

As Nvidia Corp. announced this morning that it has agreed to acquire Hugging Face Inc. for $12.93 billion one of the largest acquisitions in the company's history Chief Executive Jensen Huang promised that the platform will retain its brand, its leadership and, according to both companies, its neut…

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  1. 2026-09-04 01:29 · SiliconANGLE AI
    Nvidia's Hugging Face deal is a bet on open models — and proof it's no longer just a chip company

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