Nvidia agrees to buy Hugging Face for $12.9 billion, report says
Nvidia Reportedly Reaches $12.9 Billion Agreement to Acquire Hugging Face
Nvidia has reportedly entered into an agreement to purchase Hugging Face, a prominent open-source artificial intelligence hub, for a total of $12.9 billion. The Information broke the news on Wednesday, citing an individual with direct knowledge of the negotiations. This potential transaction follows reports that Hugging Face had been approached by another interested suitor, which helped initiate the discussions with the semiconductor giant.
Acquisition Interest and Reports
Business Insider also provided its own reporting on the situation, stating that Nvidia had been in talks to buy the startup. According to a report from the same outlet last week, Hugging Face had engaged a banking firm to assess interest from various potential bidders. While these reports
Source: cnbc.com · 2026-08-27