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Nvidia closes in on Hugging Face acquisition

Nvidia is poised to acquire Hugging Face for $12.9 billion, a move that could reshape the open-source AI landscape. As talks continue, this deal highlights Nvidia's strategy to maintain its dominance in AI chips amid growing competition.

TechCrunch· Aug 27, 2026 · 12:18 PM · 108 views

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Nvidia is poised to acquire Hugging Face for $12.9 billion, a move that could reshape the open-source AI landscape. As talks continue, this deal highlights Nvidia's strategy to maintain its dominance in AI chips amid growing competition. Full story and more reels: https://newsreel.video #news #Nvidia #HuggingFace #AI #technews #business

Originally reported by TechCrunch. Read the full story →

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