Hugging Face built a $4.5 billion empire on free AI models. Now Nvidia is buying it for $12.9 billion

AI Funding & IPOs (Google News)August 29, 2026en

Nvidia has agreed to acquire Hugging Face for $12.9B. Co-founder Thomas Wolf explains why open-source AI won, why he is selling $399 robots, and what happens to the platform under Jensen Huang.

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