Episode

Nvidia Acquires Hugging Face for $12.9B | Business and Finance News

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Sep 3, 2026
Duration seconds
89
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https://sources.thednn.ai/bec25165c52bf034
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Summary

Nvidia just dropped a blockbuster: it’s buying Hugging Face for $12.9 billion, signaling its bold leap into AI software. The deal keeps Hugging Face open-source and global, with Nvidia promising to supercharge its platform and make AI tools more accessible. CEO Jensen Huang called it the perfect fit after seeing open-source AI hit a tipping point this summer. This is Nvidia’s second-biggest acquisition ever — behind only their $20B Groq deal — proving they’re no longer just about chips, but building the entire AI ecosystem. Hugging Face’s CEO, Clement Delangue, a staunch open-source advocate, even credited Nvidia tech in fixing a recent security breach. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/bec25165c52bf034