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Nvidia agreed to acquire Hugging Face for about $12.9 billion

Acquisition Provisional 78% confidence first seen

Nvidia reportedly agreed to buy the open-model hosting and deployment platform Hugging Face for approximately $12.9 billion, reversing an earlier decision to pass on a smaller $500 million offer. The reported deal would place Hugging Face’s infrastructure and defaults under Nvidia control, raising questions about how integration and model hosting choices could be influenced for developers using rival hardware.

Hugging Face NVIDIA AMD AWS Intel The Information The New Stack

The deal

Hugging Face about $12.9–$13 billion Acquisition · announced 28 Aug 2026

Deal terms as reported in the coverage below.

Source coverage

Nvidia agrees to buy Hugging Face for $12.9B, months after turning down its $500M offer: Report Tech Funding News independent Nvidia doesn’t need to block rival chips on Hugging Face. It just needs the defaults. The New Stack

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