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moves money Electronics For You BUSINESS September 04, 2026

Nvidia Acquires Hugging Face for $13BN

Nvidia Acquires Hugging Face for $13BN
AI Summary

Semiconductor giant expands software footprint with multi-billion-dollar deal for open-source AI platform, reassuring developers the ecosystem will remain independent. Semiconductor titan Nvidia has agreed to acquire artificial intelligence software platform Hugging Face for $13 billion, marking its latest major strategic move to solidify its dominant position in the expanding AI landscape.

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