Nvidia reportedly acquires Hugging Face for US$12.9 billion, tying open-source AI to chip dominance

DIGITIMESAugust 27, 2026en

Nvidia has agreed to acquire Hugging Face for US$12.9 billion, giving the AI chipmaker control of one of the most widely used platforms for open-source models, datasets, and AI deployment at a time when some of its biggest customers are developing competing processors.

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