Exclusive: Huang's summer M&A spree bought Hugging Face, backstopped OpenAI data centers

steph_palazzolo · x · 2026-10-07

The Information reports exclusively on Jensen Huang's nonstop summer dealmaking: buying Hugging Face, backstopping a giant OpenAI data center, and investing across AI startups and infrastructure firms, with new details on OpenRouter, Perplexity, and Figure. The thesis: this historic spree is driven by a leader living in constant anxiety about Nvidia's future.

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