https://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billionContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billionhttps://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billion#u56173Thu, 03 Sep 2026 23:10:45 +0000Nvidia has agreed to acquire Hugging Face for $12.9 billion to gain control of a leading platform for sharing and deploying open-source AI models, datasets, and tools. Jensen Huang and other Nvidia executives promised to maintain the platform's open-source character and existing practices. The move allows the chipmaker to secure the software layer of the AI ecosystem as major customers develop their own hardware. While the company pledges openness, some chief information officers are reevaluating their use of the platform due to a lack of viable enterprise alternatives.Why it mattersNvidi https://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billionhttps://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billion#u53241Mon, 31 Aug 2026 14:35:46 +0000Nvidia announced a cash and stock deal on 27 August 2026 to acquire Hugging Face for $12.9 billion. The acquisition moves Nvidia from a primary focus on AI hardware into direct control of a global open source AI model repository used by research groups, enterprises, and developers. Co-founder Thomas Wolf has discussed the transition under Jensen Huang. The transaction remains subject to regulatory approvals and has sparked debate regarding the future neutrality of the platform.Why it mattersHugging Face hosts over 1 million open source models and recently grew into a $4.5 billion entity. This https://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billionhttps://www.live-feeds.com/feed/report-nvidia-to-acquire-ai-model-repository-hugging-face-for-13-billion#u51179Sat, 29 Aug 2026 01:56:00 +0000Nvidia has agreed to purchase Hugging Face, an open source AI model repository, for $12.9 billion. While some reports round the figure to $13 billion or describe ongoing talks, multiple sources now state the deal is agreed upon. Hugging Face hosts over 1 million open source AI models and serves as a critical hub for developers and businesses. The acquisition follows a period of exceptional quarterly results for Nvidia and comes after Hugging Face experienced a security breach involving OpenAI agents earlier this summer.Why it mattersHugging Face is a central infrastructure point for the open A