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HuggingFace now comes in a signature leather jacket

Nvidia has agreed to acquire Hugging Face for **$12.9 billion** in an executive‑level announcement. The deal marks a significant expansion of Nvidia’s AI ecosystem, bringing Hugging Face’s open‑source

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Nvidia has agreed to acquire Hugging Face for $12.9 billion in an executive‑level announcement. The deal marks a significant expansion of Nvidia’s AI ecosystem, bringing Hugging Face’s open‑source models and community platform under its ownership. No financial details beyond the purchase price have been disclosed.

Source: David Ha (X) | 2026-08-27

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