CNBC September 04, 2026 • 11:00

Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips - cnbc.com

By Kai Nicol-Schwarz

Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.

This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.
Yesterday, Nvidia confirmed what we all already knew.
The company is planning to acquire Hu… [+3900 chars]

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Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips - cnbc.com

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