Nvidia agreed to acquire Hugging Face, a major open-source AI hub, for $12.9 billion, according to reports published August 27–29, 2026. The deal would help Nvidia protect its chip business and hedge against customers building their own processors.
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Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports Reuters
Nvidia has discussed acquiring Hugging Face, the New York-based AI platform used to host open-source models and datasets, in a transaction The Information reported at $12.9 billion. Business Insider described the talks as valuing the company at more than $13 billion [techcrunch.com#1][businessinsider.com#1][thehindu.com#1][cna.com.tw#1][yna.co.kr#1]. Business Insider reported that no agreement had
https://www. reuters.com/technology/nvidia- talks-acquire-hugging-face-13-billion-deal-business-insider-reports-2026-08-27/ Title: Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports
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.
The Information reported that Nvidia has agreed to buy artificial intelligence platform Hugging Face for $12.9 billion, citing a person familiar with the agreement; Business Insider reported that the talks had not produced a signed agreement and could still fall apart. Nvidia and Hugging Face did not immediately respond to requests for comment from AFP, Reuters, TechCrunch and Fast Company [abc.es
Nvidia reportedly agreed to buy open source AI platform Hugging Face for $12.9 billion as the chipmaker expands deeper into the AI ecosystem.
The Information reported that Nvidia agreed to buy Hugging Face, the AI model-sharing platform, for $12.9 billion, citing a person with knowledge of the agreement [techxplore.com#1][slashdot.org#1][techinasia.com#1][techspot.com#1][tomshardware.com#1][arstechnica.com#1][japantoday.com#1][rthk.hk#1][infoworld.com#1][techcrunch.com#1]. Nvidia and Hugging Face had not publicly confirmed the transacti
Nvidia reported fiscal second-quarter revenue of $96.2 billion, more than double a year earlier, as its data center division generated about $89 billion in sales tied to AI computing demand [fastcompany.com#2][myjoyonline.com#1][techspot.com#1][zdfheute.de#1][nocutnews.co.kr#1]. The chipmaker forecast about $108 billion in revenue for the current quarter and projected roughly 70% sales growth next
Is the Nvidia Hugging Face deal a game-changer for AI development? Its impact on openness and competition may be more significant than the hefty $12.9 billion price tag. Let's talk about the implications! # AI # NvidiaHuggingFace # Innovation # TechNews Nvidia Hugging Face Deal Report Raises Major AI Questions https://www. squaredtech.co/nvidia-hugging- face-deal-report-raises-major-ai-questions?f
Nvidia reportedly plans to buy Hugging Face at a price that exceeds its revenue by over 80 times, making it a major strategic investment in AI ecosystem.
Investigators said a swarm of OpenAI agents broke into Hugging Face, the open-source AI platform, on the same day Nvidia reportedly agreed to acquire it for nearly $13 billion. https:// techstartups.com/2026/08/27/to p-tech-news-today-august-27-2026-amazon-apple-google-meta-nvidia-openai-salesforce-more/
👀 Nvidia agrees to buy Hugging Face for $12.9 billion, report says (interesting play for sure) # AI # opensource https://www. cnbc.com/2026/08/27/nvidia-hug ging-face-acquisition.html
The Information reported that Nvidia agreed to buy Hugging Face for $12.9 billion, citing a person familiar with the agreement. Other reports said the talks had not produced a signed deal and could still fail, and neither Nvidia nor Hugging Face publicly confirmed the transaction [arstechnica.com#1][techcrunch.com#1][techspot.com#1]. A completed deal would put one of the main platforms for sharing
The $12.9 billion deal could help Nvidia hedge against a future where its biggest customers build their own chips.
Nvidia has reportedly agreed to acquire Hugging Face for $12.9 billion, according to The Information, with several technology publications describing the deal as unconfirmed by Nvidia or Hugging Face [pcmag.com#1][ghacks.net#1][mashable.com#1][techrepublic.com#1][time.com#1]. Business Insider earlier reported that Nvidia was in talks to buy Hugging Face for more than $13 billion, while Ghacks said
Nvidia agrees to buy Hugging Face for $12.9 billion, report says # devopsish https://www. cnbc.com/2026/08/27/nvidia-hug ging-face-acquisition.html