{
  "id": 5334786,
  "title": "Nvidia to buy Hugging Face for nearly $13 billion",
  "url": "https://urgent.news/2026/09/03/nvidia-to-buy-hugging-face-for-nearly-13-billion",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-03T13:14:09.000Z",
  "source": {
    "name": "Semafor",
    "slug": "semafor",
    "url": "https://www.semafor.com/article/09/03/2026/nvidia-to-buy-hugging-face-for-nearly-13-billion"
  },
  "original_language": "en",
  "account": "Nvidia has reached a deal to acquire AI firm Hugging Face for roughly $12.9 billion, significantly expanding the chipmaker's capabilities beyond hardware and up the AI stack. Hugging Face, plagued by a cybersecurity incident earlier this year, has witnessed a surge in popularity, currently serving an estimated 18 million users as an open-source hub for collaborative machine learning. Nvidia CEO Jensen Huang announced in a blog post that Hugging Face will maintain its status as an open platform for the entire AI ecosystem. This acquisition follows a series of deals within the AI industry as chipmakers and financial institutions strive to secure open models at the top of the AI stack. The Hugging Face acquisition ranks as Nvidia's second-largest deal; in December, the chipmaker signed a $20 billion non-exclusive agreement to acquire assets from chipmaker Groq. Earlier this month, Nvidia also finalized a $6 billion structured agreement to acquire Poolside, an open-weight model builder. Last month, financial infrastructure firm Stripe agreed to acquire open-weight model aggregator OpenRouter for $7.5 billion.",
  "summary": "Hugging Face has exploded in popularity, providing an open-source hub for collaborative machine learning.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "E24 Norway",
        "title": "Nvidia kjøper Hugging Face for nær 13 milliarder dollar",
        "url": "https://urgent.news/2026/09/03/nvidia-kj-per-hugging-face-for-n-r-13-milliarder-dollar",
        "published": "2026-09-03T12:07:11.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Nvidia agrees to buy Hugging Face for almost $13 billion, expanding further up AI stack",
        "url": "https://urgent.news/2026/09/03/nvidia-agrees-to-buy-hugging-face-for-almost-13-billion-expanding",
        "published": "2026-09-03T12:07:56.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Nvidia to buy Hugging Face for US$13 billion in big bet on open AI models",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-hugging-face-for-us-13-billion-in-big-bet-on-open-ai",
        "published": "2026-09-03T12:11:00.000Z"
      },
      {
        "outlet": "Expansion ES",
        "title": "Nvidia compra Hugging Face por 11.900 millones de dólares",
        "url": "https://urgent.news/2026/09/03/nvidia-compra-hugging-face-por-11-900-millones-de-dolares",
        "published": "2026-09-03T12:23:55.000Z"
      },
      {
        "outlet": "The New York Times",
        "title": "Nvidia Buys Hugging Face in $12.9 Billion Deal",
        "url": "https://urgent.news/2026/09/03/nvidia-buys-hugging-face-in-12-9-billion-deal",
        "published": "2026-09-03T12:32:08.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Nvidia buys Hugging Face for $12.9B in push into AI software",
        "url": "https://urgent.news/2026/09/03/nvidia-buys-hugging-face-for-12-9b-in-push-into-ai-software",
        "published": "2026-09-03T12:41:11.000Z"
      },
      {
        "outlet": "TechCrunch",
        "title": "Nvidia confirms it will buy Hugging Face for $12.9 billion",
        "url": "https://urgent.news/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion",
        "published": "2026-09-03T12:42:45.000Z"
      },
      {
        "outlet": "Variety",
        "title": "AI Giant Nvidia to Buy Hugging Face for $12.9 Billion",
        "url": "https://urgent.news/2026/09/03/ai-giant-nvidia-to-buy-hugging-face-for-12-9-billion",
        "published": "2026-09-03T12:59:29.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "Nvidia to buy developer platform Hugging Face in $12.9bn deal",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-developer-platform-hugging-face-in-12-9bn-deal",
        "published": "2026-09-03T13:15:26.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Nvidia to buy Hugging Face for US$13 billion in big bet on open AI models",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-hugging-face-for-us-13-billion-in-big-bet-on-open-ai-5344201",
        "published": "2026-09-03T14:33:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}