TechCrunch
Nvidia closes in on Hugging Face acquisition
Thursday, August 27, 2026
Nvidia agreed to acquire Hugging Face for $12.9 billion, according to reports. Hugging Face operates an open-source platform for artificial intelligence models. The acquisition would expand Nvidia's position in AI software and cloud services.
Original reporting: https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/