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Nvidia closes in onHugging Face acquisition

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 full story on TechCrunch →
Connie Loizos27 Aug 2026, 06:32 amUpdated 1h ago1 min readTechGlobal
Nvidia closes in on Hugging Face acquisition

Global — Connie Loizos

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.

This report is published with credit to TechCrunch. The wire sent a summary; open the original for any extra context. Read on TechCrunch →

Source: TechCrunch · Connie Loizos. Published 27 Aug 2026, 06:32 am.

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