Nvidia just spent $12.9 billion on Hugging Face. Here's what it's really buying.

Business Insider•Thu, Sep 3, 2026, 02:15 PM•2 min read

Nvidia bought Hugging Face for $12. 9 billion. The deal boosts Nvidia's open-source strategy, challenging OpenAI and Anthropic.

Source: [Business Insider](https://www.businessinsider.com/hugging-face-nvidia-deal-reshape-ai-landscape-2026-8)

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