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Business

Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC

CNBC · September 3, 2026 at 9:10 AM

Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC

Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

This story in other outlets

Nvidia Buys Hugging Face in $12.9 Billion Deal

The New York Times · 18 min ago

AI Giant Nvidia to Buy Hugging Face for $12.9 Billion

Variety · 20 min ago

Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI

Wired · 37 min ago

Nvidia confirms it will buy Hugging Face for $12.9 billion

TechCrunch · 37 min ago

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