Business 2026-09-25· Stephenson Harwood
Nvidia to Acquire AI Model Platform Hugging Face for $13 Billion
Nvidia has agreed to acquire Hugging Face, an open-source AI model platform, for $13 billion, with the transaction expected to close in 2027. This acquisition highlights a trend of consolidation and investment in the AI sector. The deal will likely face scrutiny from competition regulators.
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