Nvidia Acquires Hugging Face for $13 Billion Amid AI Spending Boom
Deals·1 article across 1 outlet
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Nvidia has announced its acquisition of AI startup Hugging Face for $13 billion, highlighting the ongoing strength of the AI boom. This deal comes as earnings reports from Broadcom, Snowflake, and HPE indicate robust growth in AI-related sectors.
Hugging Face co-founder Thomas Wolf discussed the implications of the acquisition, emphasizing the increasing investment in AI technologies across the tech stack. The acquisition is expected to further enhance Nvidia's capabilities in the AI market.
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“Plus, Hugging Face co-founder Thomas Wolf joins to discuss Nvidia's $13 billion acquisition deal for the AI startup”
Bloomberg — AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face | Bloomberg Tech 9/03/2026