Nvidia Reportedly Agrees to Buy Hugging Face for $12.9 Billion
This story is from 2026-08-27. It is preserved in the archive; the latest stories are on the live feed.
Nvidia has reportedly agreed to acquire AI project hosting platform Hugging Face for $12.9 billion, a price over 80 times its revenue. The deal would bolster Nvidia's open-model strategy amid expanded Amazon GPU partnership.
Read the full story at r/huggingface ↗
Timeline · 5 reports
- 2026-08-28 17:07 · r/artificial
This week: OpenAI's Jalapeño inference chip, Nvidia's ~$12.9B move for Hugging Face, and Alibaba's Qwen3.8-Flash — the cost and control of AI both shifted - 2026-08-28 14:15 · AI Insider
Nvidia Expands Amazon Partnership With 2 Million GPU Deal While Reportedly Nearing $12.9B Hugging Face Acquisition - 2026-08-27 20:14 · SiliconANGLE AI
Nvidia reportedly acquires AI project hosting platform Hugging Face for $12.9B - 2026-08-27 13:00 · Tom's Hardware
Nvidia to buy Hugging Face for $12.9 billion, report claims — could strengthen Nvidia's open-model strategy and shore up position against rivals - 2026-08-27 09:20 · r/huggingface
Nvidia Agrees to Buy Hugging Face for $12.9 Billion in Major AI Deal