Originally published on September 3, 2026 | By: Aditya Soni, Anhata Rooprai and Harshita Mary Varghese

Sept 3 (Reuters) – Nvidia will buy popular developer platform Hugging Face for $12.93 billion, using its growing AI war chest to expand its influence in ‌the booming market for open-source models that can nearly match the best from OpenAI and Anthropic at lower costs.

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