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moves money The Register September 03, 2026

Hugging Face is too important to fall into Nvidia's hands

Hugging Face is too important to fall into Nvidia's hands
AI Summary

OPINION Nvidia on Thursday announced an agreement to acquire open source AI evangelist and model depot Hugging Face for $12.9 billion in a deal that's expected to close next year, assuming regulators don't get in the way. As antitrust magnets go, Nvidia buying Hugging Face takes the cake. You wouldn't let an automaker acquire the primary means of fuel distribution.

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