Nvidia to Acquire AI Platform Hugging Face for US$12.9 Billion

AI-generated NewsSnap summary based on source reporting.
Published: 2026-09-04
Category: technology
Source: CommonWealth Magazine / Taipei Times

Nvidia announced its acquisition of AI platform Hugging Face for US$12.9 billion, aiming to expand its presence in the AI sector and accelerate the spread of open AI models. Hugging Face will continue to support open-source and open-weight models from across the AI ecosystem.

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