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moves money Ars Technica September 03, 2026

Nvidia buys Hugging Face, the GitHub of AI, for $13 billion

Nvidia buys Hugging Face, the GitHub of AI, for $13 billion
AI Summary

Nvidia has agreed to buy AI model platform Hugging Face for $13 billion, in the latest step by the $5.4 trillion chip giant to use its financial might to accelerate the technology’s boom while exerting greater control over the industry. Hugging Face, which only last year turned down a large investment from Nvidia at a $7 billion valuation to maintain its independence, serves as a repository for millions of models and data sets and has become a champion of “open” AI systems.

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