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On August 27, according to reports, Nvidia has agreed to buy the open source AI platform Hugging Face for $12.9 billion. The deal negotiations between the two sides began when Hugging Face received an acquisition intention from another potential buyer. Hugging Face is a platform for developers to collaborate, test, and share open source AI models and tools. If the deal is completed, Nvidia will further expand its layout in the software and AI model ecosystem.

Zhitongcaijing·08/27/2026 07:49:03
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On August 27, according to reports, Nvidia has agreed to buy the open source AI platform Hugging Face for $12.9 billion. The deal negotiations between the two sides began when Hugging Face received an acquisition intention from another potential buyer. Hugging Face is a platform for developers to collaborate, test, and share open source AI models and tools. If the deal is completed, Nvidia will further expand its layout in the software and AI model ecosystem.