Nvidia closes in on Hugging Face acquisition
August 28, 2026
Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported Wednesday night, citing a source familiar with the matter. Business Insider, which first reported over the weekend that Hugging Face was fielding takeover interest, reported Wednesday night that the talks – which would value the company at more than $13 billion – had not yet produced a signed agreement…