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Nvidia closes in on Hugging Face acquisition

L4 · DeveloperIndustry & BusinessTechCrunch AI· 8/27/2026

Major acquisition that reshapes the AI infrastructure landscape and impacts developer tooling strategies.

AI Summary

Nvidia is reportedly acquiring Hugging Face for $12.9 billion, positioning the chipmaker to dominate the open-source AI ecosystem.

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.

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