Nvidia has agreed to acquire AI platform Hugging Face for $12.9bn, according to reports, marking one of the biggest acquisitions of the generative AI era and giving the chip giant a stronger foothold in AI software.
News
August 27, 2026
Nvidia strikes $12.9bn deal for Hugging Face, reports say
Acquisition would mark significant uptick on $4.5bn valuation achieved in 2023
2 min read
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