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Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips

Friday, September 4, 2026


Nvidia announced an agreement to acquire Hugging Face for approximately $12.9 billion. Hugging Face operates a platform for open-source artificial intelligence models and developer tools. The acquisition would give Nvidia control over a major repository used by AI developers and researchers.

Original reporting: https://www.cnbc.com/2026/09/04/nvidia-hugging-face-deal-chips.html

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