Nvidia (NVDA) on Thursday announced a deal to buy AI developer platform Hugging Face for $12.93 billion in the company's largest acquisition. Nvidia stock rose a fraction. "Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide," Nvidia Chief Executive Jensen Huang said in a blog post.
Extract — continue reading at the source.
Similar stories
6 outlets
See how this story developed, hour by hour
Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face
finance.yahoo.com
03.09.2026
Think of Nvidia’s $13 billion deal for Hugging Face as a form of ‘health insurance’
marketwatch.com
04.09.2026
Nvidia to buy Hugging Face for $12.93 billion in major AI expansion
france24.com
03.09.2026
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
bbc.co.uk
03.09.2026
Nvidia buys Hugging Face, the Github of AI, for $13 billion
arstechnica.com
03.09.2026
Nvidia to buy developer platform Hugging Face in $12.9bn deal
theguardian.com
03.09.2026
Related stories
Inflation could cost Republicans the Senate — this chart shows how
Xi Jinping set to arrive for high-stakes summit with Donald Trump
Fewer stocks are carrying the market than at any time since the dot-com peak
What’s behind Royal Caribbean’s ‘highly surprising’ push into Sandals vacation resorts
Record-breaking diesel prices are poised to hit grocery prices, with fruits, vegetables and meat first on the list
Rosneft billions fed Kremlin-backed money laundering network