27 August 2026
Nvidia in talks to acquire Hugging Face for $12.9 billion
First reported
Ars Technica, CNBC and 2 others ran this on , all on the same day.
- Nvidia, the chipmaker dominant in AI hardware, is negotiating to buy Hugging Face, a platform where developers share and download open source AI models, though no deal is yet signed.
- The acquisition would give Nvidia control over a major hub for open source models, a market segment that rivals like OpenAI and Anthropic are building to reduce dependence on Nvidia chips.
Reported by TechCrunch, Ars Technica, CNBC, SiliconANGLE