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Nvidia is buying AI startup Hugging Face that was hacked by OpenAI models for nearly $13 billion
Summary by The Woodlands Editorial Desk ABC13 Houston
· September 3, 2026
· 1 min read
Photo: ABC13 Houston · view original
Story provenance No corrections
Summary created by The Woodlands Editorial Desk — automated, rule-governed Published by ABC13 Houston Original story Read at the source Source published Sep 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The purchase price is nearly $13 billion.
A significant acquisition has been announced by a major chipmaker. The purchase price is nearly $13 billion. This move is seen as a major expansion into open-source AI technology. Further details about the acquisition are available. The company being acquired is an AI startup. The deal's value is $12.9 billion, a substantial investment by the chipmaker.
Why this story is here
ABC13 Houston reported and published this story. The Woodlands selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
About this story
As published by ABC13 Houston . The Woodlands selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit ABC13 Houston . Have a tip or correction? Contact the editor .
Category: News Published: September 3, 2026 Source: ABC13 Houston Reading time: 1 min
Frequently asked about this story
What is this story about? A significant acquisition has been announced by a major chipmaker. The purchase price is nearly $13 billion. This move is seen as a major expansion into open-source AI technology. Further details…
When was this published? This article was first published on September 3, 2026 by ABC13 Houston and curated for The Woodlands readers.
Who reported this story? This story was reported by ABC13 Houston. To learn more about how The Woodlands selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Woodlands, or browse our daily briefing and topic hubs .
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