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NVIDIA to acquire Hugging Face for $12.93B

AI News·September 3, 2026·1 min read

NVIDIA agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository's platform and infrastructure. The deal aims to expand AI access for enterprise developers, software engineers, and research institutions globally, building on the work of founders Clem Delangue, Julien Chaumond, and Thomas Wolf.

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