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Why Nvidia’s Acquisition of Hugging Face Would Reshape Open-Source AI - Decrypt

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Nvidia agrees to acquire Hugging Face for $12.9 billion

Nvidia has reached an agreement to acquire Hugging Face, the open-source AI model repository, for approximately $12.9 billion, according to multiple reports citing The Information.

Aug 27, 2026·4 sourcesAI antitrust & competitionAI foundation modelsAI startupsCompute, chips & AI infrastructureOpen-source AI
Nvidia agrees to acquire Hugging Face for $12.9 billion
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Other sources for this story

Forbes

Nvidia Moves To Buy Hugging Face To Shape The Model Distribution Layer

CoinDesk

Nvidia earnings beat lifts markets as chipmaker reportedly agrees $12.9 billion deal

Cryptopolitan

Nvidia's reported $12.9 billion Hugging Face deal puts open-source AI's neutral hub in play - Cryptopolitan

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