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Nvidia
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Hugging Face

Deal Value

Undisclosed

Announced

Thursday, August 27, 2026

Deal Details

Nvidia is reported to be buying open source AI hub Hugging Face for $12.9 billion to deepen its control over the model and tooling ecosystem built on its GPUs.

A company acquisition including technology, team, and intellectual property.

Related News

Nvidia agrees $12.9B Hugging Face acquisition for open AI power

Nvidia has agreed to acquire open source AI platform Hugging Face for about $12.9 billion, according to multiple reports on August 26 and 27, 2026. The Information first reported the deal, which would give Nvidia control of one of the most important repositories for open AI models, with Fortune and Reuters-backed outlets confirming the valuation the next day.

Aug 27, 2026
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