Nvidia’s Hugging Face deal is a bet on open models — and proof it’s no longer just a chip company

· Siliconangle · Sept. 4, 2026, 1:36 a.m.
AI News NVIDIA artificial-intelligence NVIDIA Hugging Face acquisition Open Models
Summary
Nvidia has agreed to acquire Hugging Face for $12.93 billion, marking a significant pivot in Nvidia's strategy beyond hardware into open models while maintaining the Hugging Face brand and leadership.
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