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State of the Art: Nvidia Bets Big on Open AI Models with Hugging Face Aquisitition

By David Schonauer   Monday September 21, 2026

Nvidia is acquiring  popular developer platform Hugging Face for $12.93 billion in order, notes Reuters, to expand its influence from just selling chips to owning the entire platform layer where developers discover, share, and deploy models. Hugging Face will “remain an open platform for the entire AI ecosystem,” said …

Read the whole story at Reuters.


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