2026-09-04
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Our top stories.
Ubidia, a chip-making giant that is now the world's most valuable firm, will buy Hugging Face for $13 billion.
The platform hosts millions of mostly open AI models, which users can download and modify.
Last year, Hugging Face rejected an investment at a $7 billion valuation from Nvidia to maintain its independence.
The acquisition is Nvidia's largest ever of a company and will give it control