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'The planets aligned': Nvidia confirms $12.9bn Hugging Face deal in potentially huge AI shake-up

TechRadar

TechnologyTechRadar·Sep 7, 2026·1 min read

'The planets aligned': Nvidia confirms $12.9bn Hugging Face deal in potentially huge AI shake-up

Nvidia pays $11.9 billion for Hugging Face, and a further $1 billion in equity-based retention The company promises to keep Hugging Face "an open platform for the entire AI ecosystem" Nvidia CEO Jensen Huang has publicly supported open…

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