Business 2026-09-25· Stephenson Harwood
Nvidia to Acquire Hugging Face for US $13 Billion
Nvidia has agreed to acquire AI model platform Hugging Face for $13 billion, marking a significant consolidation in the AI industry. The deal, expected to close in 2027, will likely face scrutiny from competition regulators. This acquisition highlights the increasing valuation of 'open' AI models and platforms.
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