10NEWS
Tech

Nvidia Acquires Hugging Face for $13 Billion to Boost Open AI Models

By Editor • September 3, 2026 • 1 min read

Nvidia has announced its acquisition of AI platform Hugging Face for $13 billion, marking a significant move by the chip leader to dominate the AI landscape.

Hugging Face, known for its extensive repository of open AI models, previously rejected a $7 billion investment from Nvidia to remain independent. The acquisition aims to enhance the accessibility of open models compared to proprietary alternatives.

Source: arstechnica.com

#acquisition #AI models #Hugging Face #Nvidia

Similar posts