Nvidia Agrees to Buy Hugging Face for $12.9 Billion, Report Says
Nvidia's $12.9B Hugging Face deal would hand the chip giant control of open-source AI's most critical collaboration hub.
- 01Nvidia has agreed to acquire Hugging Face for $12.9 billion, per The Information, with a CNBC source independently confirming the deal has been part of recent talks.
- 02The move would extend Nvidia's dominance from silicon deep into the open-source model ecosystem—repositories, datasets, and developer workflows included.
- 03Analyst commentary frames the acquisition as consistent with Nvidia's ambition to own every layer of the AI stack, from energy infrastructure to applications.
Nvidia's $12.9B Hugging Face deal would hand the chip giant control of open-source AI's most critical collaboration hub.
Nvidia has agreed to acquire Hugging Face for $12.9 billion, per The Information, with a CNBC source independently confirming the deal has been part of recent talks. The move would extend Nvidia's dominance from silicon deep into the open-source model ecosystem—repositories, datasets, and developer workflows included. Analyst commentary frames the acquisition as consistent with Nvidia's ambition to own every layer of the AI stack, from energy infrastructure to applications.
Watch: How open-source AI governance and model-access policies shift once Hugging Face operates under a hardware vendor with clear commercial incentives.
Skip Navigation BREAKING Gap announces new Old Navy CEO following sluggish quarterly sales cnbc.com Nvidia agrees to buy Hugging Face for $12.9 billion, report says Livestream CREATE FREE ACCOUNT Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim’s Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Nvidia agrees to buy Hugging Face for $12.9 billion, report says Livestream CREATE FREE ACCOUNT Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Tech Nvidia agrees to buy Hugging Face for $12.9 billion, report says Published Thu, Aug 27 2026 3:29 AM EDT Updated 3 Hours Ago April Roach@/in/april-roach-901033140/@April__Roach Kai Nicol-Schwarz@in/kains WATCH LIVE Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Video 2 0 seconds of 0 seconds Volume 90% Press shift question mark to access a list of keyboard shortcuts Keyboard Shortcuts Enabled Disabled Play/Pause SPACE Increase Volume↑ Decrease Volume↓ Seek Forward→ Seek Backward← Captions On/Off c Fullscreen/Exit Fullscreen f Mute/Unmute m Seek %0-9 1x 1.5x 2x Listen< 1min Live 00:00 00:00 00:00 2x 1.5x 1x Key Points Nvidia agreed to buy Hugging Face for $12.9 billion, The Information has reported. A source familiar with the matter told CNBC they could “confirm acquisition [by Nvidia] has been part of ongoing and recent talks.” Neither Nvidia nor Hugging Face immediately responded to CNBC requests for comment. The deal would broaden Nvidia’s position in open-source AI and further across the AI technology stack. In this article NVDA-1.03 (-0.45%) Follow your favorite stocks CREATE FREE ACCOUNT Nvidia has agreed to buy open-source platform Hugging Face for $12.9 billion, The Information reported, citing a person with knowledge of the deal. Deal talks began after Hugging Face, an open-source artificial intelligence platform developers use to collaborate, test and share tools, received acquisition interest from another suitor, according to The Information. Business Insider separately reported that Nvidia had been “in talks” to acquire Hugging Face. The outlet reported last week that Hugging Face has been working with a bank to evaluate bidders’ interest in the startup, citing people familiar with the matter. A source familiar with the matter told CNBC they could “confirm acquisition [by Nvidia] has been part of ongoing and recent talks.” They spoke anonymously to discuss details that are not public. Hugging Face and Nvidia did not immediately respond to a request for comment. If completed, the acquisition would put one of the most widely used platforms for sharing and working with open-source AI models under Nvidia’s ownership, expanding the chipmaker’s reach further into the software and model ecosystem. Nvidia, whose blockbuster earnings Wednesday prompted shares to rise 4% in after-hours trading, has made a series of deals in the past year, including a $20 billion licensing deal with AI chip startup Groq. Siddy Jobe, a fund manager at Eonopolis Exponential Technologies funds, said it made sense for Nvidia to target a company like Hugging Face, as Nvidia has made it clear that it is not looking to discriminate between closed and open-source models. “I think Nvidia is very much a community, a platform-based company, and in that respect, I think Hugging Face fits perfectly within that. There is this five-layer cake from Nvidia, and foundational models are one of them,” Jobe told CNBC’s “Squawk Box Europe” on Thursday. “It is clear that Nvidia wants to be integrated in the entire stack vertically, going from energy to foundational models and also to applications,” he added. cnbc.comHacking incident Hugging Face was recently at the center of a hacking incident that raised concerns about the rapid evolution of powerful AI and cybersecurity tools. Hugging Face CEO Clément Delangue, a proponent of open-source models, blamed engineering mistakes for the recent attack on Hugging Face and said his company used an Nvidia version of a Chinese open model to resolve it. He told CNBC earlier this month, “AI cybersecurity is going to become a huge market in the U.S. and in the world.” “In this market, probably open models will be kings,” Delangue added. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. WATCH LIVESTREAMPrefer to Listen? NOW Closing Bell: Overtime UP NEXT Fast Money Trending Now 1. cnbc.comTrump signs order to rename Lake Ontario ‘Lake America’ amid Canada trade war 2. cnbc.comThis is ‘one of the worst’ credit card habits, experts say—41% of cardholders do it 3. cnbc.comSpaceX shares are doing something very unusual. Options traders are taking note 4. cnbc.comSalesforce rockets 22% for second-best day ever, leading software rally 5. cnbc.comS&P 500, Nasdaq Composite close higher Thursday as Nvidia rallies on revenue guidance popup.taboola.compopup.taboola.com Sponsored LinksSponsored Links Promoted LinksPromoted Links FROM THE WEB start.moomoo.com1 move to earn on cash while waiting for dips.moomoo Start Now Undo thedoctorschannel.comOutcomes of High-Dose Aflibercept The Doctor’s Channel Read More Undo cnbc.com facebook.com twitter.com linkedin.com instagram.com youtube.com apple.news cnbc.com Subscribe to CNBC PRO Subscribe to Investing Club Licensing & Reprints CNBC Councils Select Personal Finance Join the CNBC Panel Closed Captioning Digital Products News Releases Internships Corrections About CNBC Site Map Podcasts Careers Help Contact #### News Tips Got a confidential news tip? We want to hear from you. Get In Touch #### CNBC Newsletters
Don't miss tomorrow's
The Daily Pulse in your inbox each morning — sourced and linked.