CNBC Tech
Nvidia agrees to buy Hugging Face for $12.9 billion, report says
Thursday, August 27, 2026
Nvidia agreed to acquire Hugging Face for $12.9 billion, according to reports. Hugging Face is an open source AI platform. The acquisition expands Nvidia's presence in AI software and services beyond its primary chip business.
Original reporting: https://www.cnbc.com/2026/08/27/nvidia-hugging-face-acquisition.html