# Nvidia closes in on Hugging Face acquisition

https://mins.news/en/item/34007

- TechCrunch, 2026-08-27 06:32 UTC
- Tech
- Original: https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/

> Nvidia has reportedly agreed to acquire Hugging Face, the popular open-source AI hub, for $12.9 billion. The deal would help Nvidia protect its chip empire while re-entering the cloud business.

## Related coverage

- [Why Nvidia Is Ready to Pay $13B for Hugging Face | Equity](https://mins.news/en/video/36868) — TechCrunch, 2026-08-28
- [Nvidia agrees to buy Hugging Face for $12.9 billion, report says](https://mins.news/en/item/34050) — CNBC, 2026-08-27
- [Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports](https://mins.news/en/item/33827) — Reuters, 2026-08-27