{
  "id": 5344722,
  "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-5344722",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-03T12:11:00.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/nvidia-buy-hugging-face-us13-billion-in-big-bet-open-ai-models-6360541"
  },
  "original_language": "en",
  "account": "Nvidia has agreed to purchase Hugging Face, the popular developer platform, for US$12.93 billion. The acquisition aims to capitalize on the growing demand for open AI models, as customers seek to reduce reliance on Nvidia's own semiconductor technology. The deal, announced on Thursday, is one of Nvidia's most significant investments and will solidify the company's position in the open model market. Nvidia has already played an active role in supporting the open AI industry through its widely used Nemotron model. Hugging Face will remain an open platform, allowing developers to collaborate, test, and share tools using various open AI models. The acquisition provides Nvidia direct access to a platform used by developers, potentially offering valuable insights and data. Demand for open-weight models has surged, with Chinese companies like DeepSeek and Z.ai emerging as key players. Nvidia CEO Jensen Huang stated that Hugging Face will remain open and that Nvidia's chips will not be required to build or deploy through the platform. The acquisition comes at a time when Nvidia is facing scrutiny over its use of its balance sheet to support demand for its growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "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": "Semafor",
        "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",
        "published": "2026-09-03T13:14:09.000Z"
      },
      {
        "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."
}