Nvidia to buy developer platform Hugging Face in $12.9bn deal

Source: www.theguardian.com · Section: business-tech · Bias: Center-Left · Published: Thu, 03 Sep 2026 16:59:56 GMT

Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chipsNvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for ⁠open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips.Shares ⁠in Nvidia were ⁠slightly lower after the $12.93bn (£9.57bn) deal – which ranks among its biggest ever – was announced for the database of AI models on Thursday. Continue reading...

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The same story across the political spectrum (15 sources)

Left: Nvidia to buy open-source AI platform Hugging Face for $13bn — www.ft.com
Left: Everybody Wants to Rule the World (of AI) — www.motherjones.com
Left: Nvidia buys Hugging Face, the GitHub of AI, for $13 billion — www.arstechnica.com
Left: "Welcome to the AGI era," OpenAI says as GPT-6 Astra debuts — www.axios.com
Center: Nvidia to buy developer platform Hugging Face for $13 - billion — theglobeandmail.com
Center: Nvidia strikes $12.9bn deal to buy AI platform Hugging Face — www.bbc.com
Center: Nvidia to buy Hugging Face for $13 billion in open - source push — mercurynews.com
Center: Nvidia buying artificial intelligence platform Hugging Face for $13 billion — bostonglobe.com
Right: Nvidia to buy AI platform Hugging Face for nearly $13B — www.foxbusiness.com

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