BUSINESS● LOW1h ago · Sep 3, 2026, 9:34 PM
Nvidia to buy Hugging Face for $12.93 billion in major AI expansion
France 24 [en] · global
Nvidia said Thursday it will buy AI developer platform Hugging Face for $12.93 billion, its latest major investment to expand its influence in open-source artificial intelligence. The deal would bring Nvidia closer to developers and broaden its customer base as tech giants develop chips to reduce reliance on the company.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESS39m agoCN Railway, Canadian Pacific Kansas City both set new August records for grain shipmentsSeeking Alpha TechBUSINESS59m agoHere are the major earnings before the open FridaySeeking Alpha TechBUSINESS1h agoBitcoin Well reports August gross profit above $265K as customer base tops 80.5KSeeking Alpha TechBUSINESS1h agoMexico in Numbers: How Taiwanese imports are fueling Mexico’s record tech exportsMexico News Daily