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Jensen Huang has for the second time this year proclaimed that artificial general intelligence has been achieved, this time tying his claim to OpenAI's newly launched GPT-6 Astra model. He highlighted that Astra was trained on more than 100,000 Nvidia Blackwell chips, with 400,000 more coming online soon, even as independent benchmarks show Astra trailing rival Claude in some tasks.
Nvidia has confirmed it will acquire Hugging Face, the New York startup behind the leading platform for open-source AI models, in a deal valued at $12.9 billion. CEO Jensen Huang said the price reflected competition from other bidders, making it Nvidia's second-largest acquisition after its $20 billion purchase of Groq's assets. Hugging Face hosts millions of models and datasets used by over 200,000 companies and 18 million developers.
Nvidia confirmed Thursday it has struck a deal to purchase Hugging Face, the widely used open-source AI model repository, for nearly $13 billion. The announcement ends weeks of speculation about a potential acquisition. CEO Jensen Huang pledged the platform will remain open to the broader AI community after the deal closes.
Nvidia has agreed to purchase AI model repository Hugging Face for $13 billion, a huge jump from the $7 billion valuation the startup rejected from Nvidia just last year to stay independent. The chipmaker says the acquisition will accelerate adoption of open-weight AI models, which let developers download and customize systems rather than rely on proprietary offerings from firms like OpenAI and Anthropic. The deal, expected to close by 2027, surpasses Nvidia's 2020 purchase of Mellanox as its biggest acquisition to date.
Nvidia has agreed to buy open-source AI platform Hugging Face for $12.9 billion, confirming earlier reports of the deal. Hugging Face CEO Clément Delangue told CNBC he personally reached out to Nvidia's Jensen Huang over the summer, saying talks moved quickly once initiated. Huang said the platform will remain open to the broader AI ecosystem while gaining more scale and infrastructure support.
Nvidia has officially completed its purchase of Hugging Face for $12.93 billion, ending weeks of speculation. Hugging Face's platform, which hosts three million models, one million apps, and half a million datasets for over 18 million developers, will remain open, according to CEO Jensen Huang, who pledged that Nvidia hardware won't be a requirement for using the service.
NVIDIA CEO Jensen Huang confirmed the company is acquiring Hugging Face, the open-source AI model-sharing platform, in a deal worth $12.93 billion. Huang said NVIDIA plans to scale the platform's infrastructure and broaden AI access, while pledging Hugging Face will remain open to the entire ecosystem without requiring NVIDIA hardware. The deal, still subject to regulatory approval, follows NVIDIA's earlier investment in Hugging Face during a 2023 funding round.
Nvidia announced a deal to purchase Hugging Face, the widely used open-source hub for AI models, datasets and developer tools, for roughly $12.93 billion. CEO Jensen Huang said the platform will stay open to all developers regardless of hardware or cloud provider, and that Nvidia compute won't be a requirement to use it. The acquisition follows weeks of reports that Hugging Face was exploring a sale near this valuation.
TIME's newly published 2026 TIME100 AI list left out Nvidia CEO Jensen Huang and AMD CEO Lisa Su, despite both companies dominating GPU supply for AI infrastructure. Instead, the list includes figures like Ben Affleck, Bernie Sanders and Paris Hilton, while Nvidia's only representative is its sustainability chief Josh Parker, featured for work on data center energy use and cooling.
President Trump called Nvidia CEO Jensen Huang's cellphone in the middle of a company-wide staff meeting on Thursday, with Trump's voice audible through Huang's onstage microphone before Huang briefly stepped away and returned within a minute. The call came the same day Nvidia launched an employee-funded political action committee and a day after the company posted quarterly revenue of $96 billion, up 106 percent year over year.
Nvidia CFO Colette Kress said on August 26, 2026 that the company expects 70% revenue growth in fiscal 2028, which would translate to roughly $673 billion in annual sales based on current fiscal 2027 consensus estimates. That figure would put Nvidia ahead of Apple and Alphabet, trailing only Amazon among major US tech firms. The outlook follows a fiscal 2027 second-quarter report showing $96.2 billion in revenue and 117% growth in data-center sales to $89 billion.
During Nvidia's Wednesday earnings call, CEO Jensen Huang claimed that for many practical tasks the company has already reached artificial general intelligence, but immediately called such milestones 'senseless.' He offered no clear definition or benchmark, instead pointing to AI's shift toward autonomous agents that can learn and improve themselves, and argued the real measure of progress is whether AI generates profitable output through increased compute use. This echoes remarks he made in March on a podcast, where he similarly asserted AGI had been reached before backing off the claim.