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What Could Nvidia (NVDA) Gain From Its $12.9 Billion AI Platform Deal?
Simply Wall St.27d agoneutral
What Could Nvidia (NVDA) Gain From Its $12.9 Billion AI Platform Deal?

Nvidia (NasdaqGS: NVDA) agreed to acquire AI platform Hugging Face for US$12.9b in a cash and stock deal announced on 27 August 2026. The planned acquisition would move Nvidia beyond its core AI hardware focus into direct control of a major open source AI model hub. Hugging Face hosts a large catalog of open source AI models and tools used by developers, enterprises, and research groups worldwide. The deal is subject to regulatory approvals and could draw scrutiny given Hugging Face's role...