{
  "id": 5337194,
  "title": "Nvidia buys Hugging Face for $12.9B, promises not to squeeze too hard",
  "url": "https://urgent.news/2026/09/03/nvidia-buys-hugging-face-for-12-9b-promises-not-to-squeeze-too-hard",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-03T13:03:13.000Z",
  "source": {
    "name": "The Register",
    "slug": "the-register",
    "url": "https://www.theregister.com/ai-and-ml/2026/09/03/nvidia-buys-hugging-face-for-129b-promises-not-to-squeeze-too-hard/5294208"
  },
  "original_language": "en",
  "account": "Nvidia has reached a deal to acquire AI developer platform Hugging Face for $12.9 billion, solidifying its presence in the landscape of open models. After days of speculation, Nvidia announced on Thursday it has finalized a definitive agreement to acquire the model-sharing hub, often compared to a GitHub for AI developers. The deal is set to finalize in the first half of 2027, contingent on regulatory approval and other standard closing conditions. Open foundation models and the software created around them fuel the demand for Nvidia's accelerators and software offerings. By acquiring one of the principal platforms where developers interact with and share these models, Nvidia aims to increase the utilization of its hardware. Nvidia indicated the acquisition would provide Hugging Face with additional resources and assistance for developers constructing, sharing, and deploying open models and applications. The company assured that the platform would remain open, enabling model creators, developers, and users to access models and datasets of their choice. This is an ongoing development, and updates will be provided as additional information becomes accessible.",
  "summary": "GPU giant pledges to keep the model hub open to the entire AI ecosystem",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "MarketWatch Top",
        "title": "Here’s what Nvidia’s $13 billion Hugging Face deal means for the world of AI",
        "url": "https://urgent.news/2026/09/03/heres-what-nvidias-13-billion-hugging-face-deal-means-for-the-world",
        "published": "2026-09-03T12:33:00.000Z"
      },
      {
        "outlet": "The Register Science",
        "title": "Nvidia buys Hugging Face for $12.9B, promises not to squeeze too hard",
        "url": "https://urgent.news/2026/09/03/nvidia-buys-hugging-face-for-12-9b-promises-not-to-squeeze-too-hard-5340512",
        "published": "2026-09-03T13:03:13.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "Stock Market Today: Dow Up On Fed Governor Remarks; Nvidia Rallies On Hugging Face Deal (Live Coverage)",
        "url": "https://urgent.news/2026/09/03/stock-market-today-dow-up-on-fed-governor-remarks-nvidia-rallies-on",
        "published": "2026-09-03T13:07:19.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Nvidia pays $16.4b for Hugging Face – and an open AI future",
        "url": "https://urgent.news/2026/09/03/nvidia-pays-16-4b-for-hugging-face-and-an-open-ai-future",
        "published": "2026-09-03T14:02:54.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "Stocks edge up as Nvidia leads tech higher following Hugging Face deal announcement: AlphaCheck",
        "url": "https://urgent.news/2026/09/03/stocks-edge-up-as-nvidia-leads-tech-higher-following-hugging-face",
        "published": "2026-09-03T14:04:48.000Z"
      },
      {
        "outlet": "Fast Company",
        "title": "Nvidia CEO Jensen Huang vows to keep Hugging Face ‘an open platform for the entire AI ecosystem’",
        "url": "https://urgent.news/2026/09/03/nvidia-ceo-jensen-huang-vows-to-keep-hugging-face-an-open-platform",
        "published": "2026-09-03T14:09:00.000Z"
      },
      {
        "outlet": "Silicon Republic",
        "title": "Nvidia to acquire Hugging Face for $12.9bn",
        "url": "https://urgent.news/2026/09/03/nvidia-to-acquire-hugging-face-for-12-9bn",
        "published": "2026-09-03T14:16:34.000Z"
      },
      {
        "outlet": "Tech.eu",
        "title": "Nvidia confirms $12.93BN purchase of Hugging Face",
        "url": "https://urgent.news/2026/09/03/nvidia-confirms-12-93bn-purchase-of-hugging-face",
        "published": "2026-09-03T14:35:19.000Z"
      },
      {
        "outlet": "XDA Developers",
        "title": "Nvidia has acquired Hugging Face for $12,930,300,000 in a huge move for the AI industry",
        "url": "https://urgent.news/2026/09/03/nvidia-has-acquired-hugging-face-for-12-930-300-000-in-a-huge-move",
        "published": "2026-09-03T15:55:01.000Z"
      }
    ]
  },
  "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."
}