Nvidia is reported to be buying Hugging Face, giving it a stronger position in open-source AI and GPU-driven hosting and chips. The reported price is $12.9 billion. If completed, the deal would expand Nvidia’s access to open-source models and could shift additional cloud and inference demand toward Nvidia hardware and services.
Nvidia reportedly agreed to buy Hugging Face for $12.9 billion, which would place an open-model hub and deployment platform used by developers under Nvidia control. The deal centers on Hugging Face’s “defaults” and hosting/integration paths, including how models are run on hardware choices like Nvidia, AMD, Intel, and AWS. If it goes through, Nvidia could make its inference stack more prominent while other chipmakers may face shifting incentives to keep or move integration work.
NVIDIA announced multiple updates to GeForce NOW, adding new DLSS 4.5 tuning controls and expanding device and platform support across Steam, GOG, Firefox, and more Fire TV options. Ultimate members can redeem a limited-time offer to get CONTROL Resonant at launch with a 12-month GeForce NOW Ultimate membership, running Tuesday Aug. 25 through Sunday Sept. 27. The service will broaden where games can be streamed and how they can be configured, while new cloud-launch titles like CONTROL Resonant and STAR WARS Zero Company arrive on the platform.
Nvidia CEO Jensen Huang said on the company’s earnings call that Nvidia has achieved AGI again and then dismissed the milestone as senseless. He made the claim on Wednesday. The practical result is that the statement doesn’t change industry uncertainty because there’s still no clear definition or verification method for AGI.
Nvidia reported fiscal 2027 Q2 results that beat expectations, with its data center business driving the quarter while investors focused on guidance. It projected $108 billion in current-quarter revenue, slightly above an estimate of about $104.2 billion. Nvidia’s stock rose on the outlook and it also highlighted expanded AI infrastructure partnerships, while noting rising debt and margin pressure.
Nvidia agreed to buy Hugging Face, reversing an earlier decision to turn down an investment offer. The reported purchase price is $12.9 billion. The deal would tighten Nvidia’s control over the open-source model hosting platform, raising questions about whether it can stay neutral for rival hardware users.
Nvidia agreed to acquire Hugging Face, according to The Information, though no signed deal had been announced yet and neither company commented. The reported price is $12.9 billion. If completed, the acquisition would strengthen Nvidia’s position in open-source AI while potentially helping it re-enter cloud computing by routing unused customer capacity to Hugging Face.
Nvidia has agreed to buy Hugging Face in a reported acquisition agreement in talks that were still unsigned. The reported price is $12.9 billion, valuing Hugging Face at more than $13 billion. If completed, Nvidia would gain a major role in open-source AI and a way back into cloud computing by using Hugging Face’s model-running ecosystem.
Nvidia issued its first year-ahead forecast, projecting a 70% revenue increase next fiscal year, after reporting results that beat expectations and citing accelerating demand for its AI chips. The company forecast fiscal 2028 revenue growth of 70% and said customers’ forecasts indicate growth doubling next year, while also noting supply constraints limit delivery. Nvidia’s new guidance resets market expectations for next-year sales and sets updated supply, margin, and financing-related outlooks for investors to follow.
Nvidia agreed to buy Hugging Face for $13B, confirmed by The Information, as open-model coverage continued alongside Z.ai’s GLM-5.3-Flash launch discussion. Nvidia’s purchase price is $13B. The deal signals a major consolidation in AI tooling/platforms while the article’s other AI model updates (including GLM-5.3-Flash availability and benchmarks) continue to shape open-model adoption and infrastructure.
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