Nvidia Agrees to Buy Hugging Face for $12.9B in Cash and Stock Deal
NVIDIASigSignificance3.96SenSentiment+4.55EnvEnvironment-0.06SocSocial+0.96GovGovernance+0.28
Nvidia agreed to acquire AI platform Hugging Face for US$12.9b in a cash-and-stock deal announced on 27 August 2026. Hugging Face hosts a large catalog of open source AI models and tools used globally by developers, enterprises, and research groups. The deal is subject to regulatory approvals, with possible US and EU review conditions shaping how Nvidia integrates the platform and strengthens its control of the AI stack.
Coverage (31)
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- Nvidia Agrees to Buy Hugging Face in $12.93 Billion Deal (finance.yahoo.com)
- Nvidia buying artificial intelligence platform Hugging Face for $13 billion (abcnews.com)
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- Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face (finance.yahoo.com)
- Nvidia to buy AI platform Hugging Face for nearly $13B (foxbusiness.com)
- Why Nvidia's purchase of Hugging Face is an 'important strategic move' (finance.yahoo.com)
- Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI (wired.com)
- Nvidia confirms it will buy Hugging Face for $12.9 billion (techcrunch.com)
- Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform (finance.yahoo.com)
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- Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face (nytimes.com)
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