( September 3, 2026, 13:22 GMT | Official Statement) -- MLex Summary: Nvidia has agreed to acquire Hugging Face for $12.9 billion, a move that will “scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,” Nvidia Chief Executive Officer Jensen Huang said in a blog post. Hugging Face will remain an open platform in the AI ecosystem and Nvidia “can help improve platform reliability, safety, model evaluation, inference and deployment capabilities, while preserving the open ecosystem that made Hugging Face foundational,” the blog post said.See full release below....
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