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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, 02:03 pmUpdated 19 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, 02:03 pm.

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