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Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face

Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face
New York Times Thursday 03 September 2026, 12:19 UTC By Kalley Huang, Lauren Hirsch and Kate Conger 1 min read
Key Points

Jensen Huang, Nvidia’s chief executive, has overseen the company as its quarterly profits have increased tenfold. The company is spending those resources on acquisitions, including of Hugging Face.

Jensen Huang, Nvidia’s chief executive, has overseen the company as its quarterly profits have increased tenfold. The company is spending those resources on acquisitions, including of Hugging Face.
Nvidia (ORG) Face Jensen Huang (PERSON) Hugging Face (ORG)
Originally published by New York Times Read original →

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