Nvidia closes in on Hugging Face acquisition
Nvidia reportedly agreed to buy Hugging Face for $12.9 billion, reshaping control of a central open-source AI distribution hub.
Excerpt
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.
Read at source: https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/