Uber says weekly AI agent requests have grown 9.4x since February, but total AI spending has stayed stable since April, after using up its 2026 AI budget in Q1 (Madison Mills/Axios)

Nvidia announced a definitive agreement to acquire Hugging Face for $12.9 billion, adding the open-source AI model repository to its portfolio and positioning the company to expand its generative-AI offerings. The deal follows heightened industry alerts from OpenAI, Anthropic, Microsoft and over 100 firms warning of an imminent wave of AI-enabled cyberattacks.