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October 12, 2026 7:16 pm
Nvidia to buy developer platform Hugging Face in $12.9bn deal

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 …

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…

Source: The Guardian – World

🔑 Key Takeaways

  • Wire dispatch directly ingested from World news | The Guardian.
  • Published at Thu, 03 Sep 2026 16:59.
  • Source URL: https://www.theguardian.com/technology/2026/sep/03/nvidia-to-buy-hugging-face-in-129bn-deal