Everybody Wants to Rule the World (of AI)

Nvidia is competing with OpenAI and Anthropic by acquiring the platforms that threaten its business model. Nvidia CEO Jensen Huang delivers a speech during the Computex 2026 exhibition in Taipei, Taiwan on June 1, 2026. Get your news from a source that's not owned and controlled by oligarchs. On Thursday, Nvidia, the tech giant that develops chips that power AI tools like ChatGPT, announced its acquisition of Hugging Face for nearly $13 billion amid an arms race to dominate every level of the industry. Well, specifically, the cost was $12,930,300,000, with 129,303 apparently being the character encoding for the emoji, which the startup Nvidia acquired is named after . Hugging Face is the venture that broke into AI safety discussions when OpenAI's advanced system breached its platform while undergoing a test .