Nvidia acquires open-source AI platform Hugging Face for £9.57bn
UKPulse News Desk
Chip manufacturer Nvidia has acquired the open-source AI software platform Hugging Face in a deal valued at £9.57 billion.
- Nvidia has acquired Hugging Face for £9.57 billion.
- Hugging Face is an open-source AI software platform.
- Nvidia's CEO, Jensen Huang, stated the deal will help speed up AI advancement.
Chip giant Nvidia has completed the acquisition of the open-source AI software platform Hugging Face in a deal worth £9.57 billion. The acquisition was announced today, 3 September 2026.
Nvidia's chief executive, Jensen Huang, stated that the deal will enable Nvidia to utilise Hugging Face's 'open' model to accelerate the advancement of artificial intelligence.