Nvidia to Buy Hugging Face for 12.9 Billion

Nvidia has reportedly agreed to acquire AI model repository Hugging Face for 12.9 billion dollars. The major acquisition underscores the chipmaker's continued expansion across the artificial intelligence sector.

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The logo of Nvidia is seen during a press reception on Japan's AI ecosystem in Tokyo, Japan, July 16, 2026. REUTERS/Manami Yamada

NVIDIA CORP agreed to acquire open-source AI platform Hugging Face for $12.9 billion, according to a report published Wednesday afternoon.

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