Why is Jensen Huang-led Nvidia acquiring AI platform Hugging Face for $12.9 billion? Here's what we know

Chipmaker Nvidia is acquiring AI platform Hugging Face for $12.9 billion, seeking to strengthen its position in open-source AI, sustain demand for its...

By Dhallo News · September 4, 2026 at 7:57 AM IST

Why is Jensen Huang-led Nvidia acquiring AI platform Hugging Face for $12.9 billion? Here's what we know

Source: Mint - Companies

Chipmaker Nvidia is acquiring AI platform Hugging Face for $12.9 billion, seeking to strengthen its position in open-source AI, sustain demand for its chips and expand its cloud-computing business.

SOURCE: Mint - Companies

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Why is Jensen Huang-led Nvidia acquiring AI platform Hugging Face for $12.9 billion? Here's what we know

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