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Article The Guardian Business

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

The Guardian Business September 3, 2026 · 4:59 pm Read Original
Optimistic 41.4
−100 Bearish 0 +100 Bullish
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 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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Article Info
Source The Guardian Business
Published Sep 3, 2026 · 4:59 pm
Article ID wa476yl
Original URL Open source
Sentiment Signal
Optimistic 41.4
−100Neutral+100
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