Technology

Nvidia closes in on Hugging Face acquisition

TechCrunch • Thu, 27 Aug 2026

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

What happened?

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

Story details

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

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Original source

https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/

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