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Nvidia Buys Hugging Facein $12.9 Billion Deal

The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.

This story summarizes reporting from The New York Times. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The New York Times →
Kalley Huang, Lauren Hirsch and Kate Conger3 Sept 2026, 01:01 pmUpdated 15 min ago1 min readBusinessGlobal
Nvidia Buys Hugging Face in $12.9 Billion Deal

Global — Kalley Huang, Lauren Hirsch and Kate Conger

The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.

This report is published with credit to The New York Times. The wire sent a summary; open the original for any extra context. Read on The New York Times →

Source: The New York Times · Kalley Huang, Lauren Hirsch and Kate Conger. Published 3 Sept 2026, 01:01 pm.

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Oil Jumps for Fourth Straight Day and Diesel Nears Record High

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This week’s renewed strikes by the United States and Iran strain the flow of energy and diminish expectations the disruption will end soon.

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U.S. Trade Gap Ballooned in July

U.S. Trade Gap Ballooned in July

The trade deficit bounced back up last month as spending on data centers to feed the A.I. boom drove up imports.

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John Lewis to launch YouTube chatshow to improve AI search results

John Lewis to launch YouTube chatshow to improve AI search results

Department store chain’s Gift List ‘vodcast’ will be hosted by TV presenter Angela Scanlon

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