Nvidia considers acquiring Hugging Face, with a transaction value of $12.9 billion
2026-08-28 04:23:35
According to CoinMeta, Nvidia is considering acquiring Hugging Face for $12.9 billion, a move that could extend its influence beyond AI chips to model distribution, developer tools, and hosting services. Hugging Face has become an important part of the open model ecosystem, hosting over 2 million models and 500,000 datasets. Although the transaction has not yet been officially confirmed by both companies, if it is successful, Nvidia's position in the AI field will be further enhanced. Nvidia's latest financial report shows that revenue in the second quarter reached $96.2 billion, a year-on-year increase of 106%.
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Source:Coinpaper
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