(FILES) NVIDIA CEO Jensen Huang speaks during the G20 Innovation Ministerial in Chapel Hill, North Carolina, on September 2, 2026. Nvidia announced on September 3, 2026, that it will buy artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaking giant seeks to diversify its hold on the AI sector. "I'm excited to announce that NVIDIA has agreed to acquire Hugging Face for $12,930,300,000. Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide," Nvidia CEO Jensen Huang said in a post on the company's website. (Photo by Matt RAMEY / AFP via Getty Images)