Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face — Live Feedhttps://www.live-feeds.com/feed/nvidia-confirms-13-billion-acquisition-of-open-weight-ai-platform-hugging-faceContinuously updated, source-cited coverage. Nvidia acquires open-weight AI platform Hugging Face for approximately $13 billionhttps://www.live-feeds.com/feed/nvidia-confirms-13-billion-acquisition-of-open-weight-ai-platform-hugging-facehttps://www.live-feeds.com/feed/nvidia-confirms-13-billion-acquisition-of-open-weight-ai-platform-hugging-face#u57552Sat, 05 Sep 2026 00:53:18 +0000Nvidia has confirmed the acquisition of Hugging Face, an open-weight AI platform, for a price cited between $12.9 billion and $13 billion. The deal aims to strengthen Nvidia's position in the open-source AI ecosystem and broaden its dominance in the field. According to the Hugging Face CEO, the startup approached Nvidia CEO Jensen Huang regarding the acquisition several weeks ago. This move allows Nvidia to support developers who customize models and seek lower deployment costs compared to proprietary AI alternatives.Why it mattersHugging Face serves as a central hub for open-source AI mo