Nvidia Nearing $13 Billion Deal For AI Startup Hugging Face | PYMNTS.com

摘要: Nvidia Nearing $13 Billion Deal For AI Startup Hugging Face

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August 27, 2026

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is reportedl

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Nvidia Nearing $13 Billion Deal For AI Startup Hugging Face

|

August 27, 2026

|

Listen to Article

is reportedly close to acquiring the artificial intelligence platform

Hugging Face

.

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Nvidia and Hugging Face have held discussions about a $13 billion deal in the last few weeks, according to a

Wednesday (Aug. 26) by Business Insider that cited a source familiar with the matter.

Wednesday by The Information – citing sources with knowledge of the agreement – said the deal was finalized, with Nvidia paying $12.9 billion for Hugging Face.

That report notes that the acquisition will give Nvidia a key asset as

open-source

artificial intelligence (AI) model developers race to catch up to close-sourced versions from OpenAI and Anthropic.

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According to that report, executives at Nvidia believe that a wealth of open models will help uphold the company’s dominance in the AI hardware space, as those models will counter closed-source AI developers, all of whom are trying to build competing AI server chips and reduce their dependence on Nvidia’s.

PYMNTS has contacted both Nvidia and Hugging Face for comment but has not yet gotten a reply.

The news follows an earlier Business Insider report that Hugging Face, whose platform lets developers find, share and develop AI models, was

considering a sale

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