{
  "id": 5341882,
  "title": "Nvidia to buy AI platform Hugging Face for US$12.9bil",
  "url": "https://urgent.news/2026/09/03/nvidia-to-buy-ai-platform-hugging-face-for-us-12-9bil-5341882",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-03T12:53:30.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/03/nvidia-to-buy-ai-platform-hugging-face-for-us-12-9bil"
  },
  "original_language": "en",
  "account": "Nvidia, the leading chipmaker, announced on Thursday it will acquire AI platform Hugging Face for US$12.9 billion. CEO Jensen Huang expressed his excitement about the acquisition, stating that together they will expand Hugging Face's platform, bolster its infrastructure, and broaden global access to AI for developers and institutions worldwide. This price represents a significant increase from the initial negotiations' valuation of US$7 billion. Founded in 2016 by three French entrepreneurs, Hugging Face describes itself as \"the AI community building the future,\" offering open models that can be downloaded and modified, in contrast to closed models from rivals OpenAI and Anthropic. The surge in demand for computing power due to AI agents capable of autonomous task execution has driven companies and software developers towards open models, which are typically more cost-effective than closed alternatives. Hugging Face has experienced a rise in traffic to its online software library; however, it faced controversy in July when unauthorized OpenAI models infiltrated its internal systems. This incident, along with similar occurrences reported by Anthropic and Moonshot AI, has raised concerns about AI giants' ability to safeguard their technology. Nvidia is renowned for its GPUs, specialized chips initially designed for high-speed gaming graphics rendering, which have since become crucial for AI tools such as chatbots.",
  "summary": "CEO Jensen Huang made the announcement as the chipmaking giant seeks to diversify its hold on the AI sector.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Business Insider",
        "title": "It's official: Nvidia is buying Hugging Face for $13 billion",
        "url": "https://urgent.news/2026/09/03/its-official-nvidia-is-buying-hugging-face-for-13-billion",
        "published": "2026-09-03T12:21:50.000Z"
      },
      {
        "outlet": "DW News",
        "title": "Nvidia to buy Hugging Face in $12.93 billion deal",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-hugging-face-in-12-93-billion-deal",
        "published": "2026-09-03T12:47:00.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Nvidia to buy AI platform Hugging Face for US$12.9bil",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-ai-platform-hugging-face-for-us-12-9bil-5338096",
        "published": "2026-09-03T12:53:30.000Z"
      },
      {
        "outlet": "Lowyat.NET",
        "title": "NVIDIA To Acquire Hugging Face For US$12.93 billion",
        "url": "https://urgent.news/2026/09/03/nvidia-to-acquire-hugging-face-for-us-12-93-billion",
        "published": "2026-09-03T13:01:11.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Nvidia to spend $13 bil. on Hugging Face, leaving it as open source platform",
        "url": "https://urgent.news/2026/09/03/nvidia-to-spend-13-bil-on-hugging-face-leaving-it-as-open-source",
        "published": "2026-09-03T13:22:03.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Nvidia to buy AI platform Hugging Face for US$12.9bil",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-ai-platform-hugging-face-for-us-12-9bil",
        "published": "2026-09-03T13:24:49.000Z"
      },
      {
        "outlet": "Tempo.co English",
        "title": "Nvidia to Buy Hugging Face in $12.93 Billion Deal",
        "url": "https://urgent.news/2026/09/03/nvidia-to-buy-hugging-face-in-12-93-billion-deal-5341692",
        "published": "2026-09-03T13:49:49.000Z"
      },
      {
        "outlet": "PYMNTS",
        "title": "Nvidia Pays $12.9 Billion to Buy and Expand Hugging Face",
        "url": "https://urgent.news/2026/09/03/nvidia-pays-12-9-billion-to-buy-and-expand-hugging-face",
        "published": "2026-09-03T16:18:00.000Z"
      }
    ]
  },
  "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."
}