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moves money SiliconANGLE September 04, 2026

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

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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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 neutrality. “Hugging Face will remain an […] The post Nvidia’s Hugging Face deal is a bet on open models — and proof it’s no longer just a chip company appeared first on SiliconANGLE .

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