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Nvidia acquires Hugging Face for $13B
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Nvidia announced a $13 billion acquisition of Hugging Face, the open-source AI model hub that has become the industry's central repository for model sharing and collaboration. The deal raises concerns among developers about how the dominant chipmaker's control could reshape the open AI ecosystem.
- Acquisition price: $13 billion
- Hugging Face is the de facto hub for open-source AI models
- Nvidia is the dominant AI chipmaker
- Deal announced August 28, 2026
- Developers concerned about implications for open AI ecosystem