Nvidia Eyes $12.9B Hugging Face Buyout | Business and Finance News

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Recorded27 Aug 2026

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Nvidia’s reportedly eyeing a $12.9 billion buyout of Hugging Face, the open-source AI hub where developers build and share tools — a move that could solidify Nvidia’s grip on both hardware and software in the AI race. With Hugging Face’s CEO openly backing open models and even crediting Nvidia for a recent security fix, the two are already deeply intertwined. If the deal closes, Nvidia will amplify its ecosystem strategy, blending its chip dominance with the very tools devs rely on daily. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/07b0d419502273c0

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