Why Nvidia wants Hugging Face to keep helping its rivals: Chart of the Day — Live Feedhttps://www.live-feeds.com/feed/why-nvidia-wants-hugging-face-to-keep-helping-its-rivals-chart-of-the-dayContinuously updated, source-cited coverage. Nvidia to Acquire Hugging Face in $13 Billion Dealhttps://www.live-feeds.com/feed/why-nvidia-wants-hugging-face-to-keep-helping-its-rivals-chart-of-the-dayhttps://www.live-feeds.com/feed/why-nvidia-wants-hugging-face-to-keep-helping-its-rivals-chart-of-the-day#u60879Tue, 08 Sep 2026 02:41:37 +0000Nvidia announced it will acquire Hugging Face for $13 billion. The move aims to strengthen Nvidia's AI dominance and potentially reshape the industry. While the deal is viewed as a positive for Nvidia stock, analysts suggest it may negatively impact rivals like OpenAI and Anthropic. Hugging Face currently operates with annual costs exceeding $150 million. This acquisition follows Nvidia's previous major purchase which now supports a $31 billion business line. Jensen Huang's net worth has approached $200 billion following the announcement.Why it mattersHugging Face serves as a cr