Nvidia reportedly nearing $12.9 billion acquisition of Hugging Face
2026-08-29
Nvidia is reportedly close to an agreement to acquire Hugging Face, an open-source AI platform. The reported $12.9 billion deal could bolster Nvidia's position in the AI ecosystem and its cloud services.
Source: TechCrunch
Reported by VERA Newswire.
More from August 2026 in The Record.