Nvidia acquires Hugging Face for $12.93 billion — company gains control of major AI model distribution platform

Tom's Hardware
Sep 3, 2026, 3:05 pm194 ptsTrendingTop
Nvidia started its AI business with humble AI accelerators, then moved to AI servers, and later to rack-scale and data center-scale platforms. With its multi-faceted AI strategy in place, the company is now looking beyond hardware. On Thursday, Nvidia said it had agreed to acquire Hugging Face, one of the…

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