Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

The deal gives Nvidia control of a leading open-source AI platform and developer community.

Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

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Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

The stock price of NVIDIA displayed on a smartphone with NVIDIA and Hugging Face logo displayed in a smartphone in Yichang City, Hubei Province, China, on August 27, 2026.Image source, Getty Images
ByFrancisco VelasquezBusiness reporter

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