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Hugging Face valued at $12.9 billion in Nvidia acquisition

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Hugging Face valued at $12.9 billion in Nvidia acquisition

Nvidia has acquired AI platform Hugging Face for $12.9 billion, consolidating AI model infrastructure under chip makers' control. Deeptech builders should expect hardware makers to vertically integrate software layers—your defensibility is in specialized use cases, not general infrastructure.

Source: ET Tech ↗

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🎧 This story is in the 4 September 2026 episode — Arjun & Meera

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