Advertisement

Dark
Light
Today: September 3, 2026
September 3, 2026
1 min read

Nvidia to buy developer platform Hugging Face in $12.9bn deal

Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chips

Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for ⁠open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips.

Shares ⁠in Nvidia were ⁠slightly lower ​after the $12.93bn (£9.57bn) deal – which ranks among its biggest ever – was announced for the database of AI models on Thursday.

Continue reading…

Leave a Reply

Your email address will not be published.

Previous Story

Who’s the Snowflake Now?

Next Story

How climate denialism finds its way to the US ‘s highest office – video explainer

Latest from Blog

Go toTop