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Nvidia closes in on Hugging Face acquisition | TechCrunch

Nvidia has agreed to acquire Hugging Face for approximately $12.9 billion. The agreement has been reached but no formal documents have been signed yet.

2026-09-04 02:20 Industry & Investment across 2 days 🔥 66.3 heat score hn #216techmeme #2
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SummaryAI generated

According to TechCrunch, Nvidia has agreed to acquire the AI platform Hugging Face for $12.9 billion, with the transaction valued at over $13 billion. Previously, Business Insider noted that no formal documents had been signed and there was a possibility of termination, but latest reports indicate that the agreement has been reached. Hugging Face was founded in 2016 and is a major platform for developers to share and download open-source AI models. This acquisition aims to strengthen Nvidia’s position in the field of open-source AI, in order to counter the decreasing reliance on Nvidia’s hardware by closed-source laboratories such as OpenAI, Google, Amazon, and Anthropic. Clem Delangue, CEO of Hugging Face, publicly supported Nvidia’s open-source strategy this year and has collaborated with several industry leaders, including Jensen Huang, to promote related partnerships.

Related eventsRELATED EVENTS
Quick factsQUICK FACTS
$1.293 billionAcquisition amount
Over $13 billionTransaction valuation
Key entitiesKEY ENTITIES
AnthropicBusiness InsiderGoogleHugging FaceNVIDIANvidiaOpenAITechCrunchThe Information

Event frameEVENT FRAME

Funding / M&A $12.9 billion

Nvidia 拟收购 Hugging Face

Status

Nvidia has agreed to acquire Hugging Face for approximately $12.9 billion. The agreement has been reached but no formal documents have been signed yet.

Coverage · reports per dayLANGUAGE SPLIT

Entity relations
Hugging Face × NVIDIA2Anthropic × Google1Anthropic × Hugging Face1Anthropic × NVIDIA1Anthropic × OpenAI1Google × Hugging Face1

Integrated timelineUNIFIED TIMELINE

  1. 2026-08-26

    Nvidia is nearing completion of the acquisition of Hugging Face

    TechCrunch reports that Nvidia has agreed to acquire Hugging Face for $12.9 billion (valuation exceeding $13 billion). According to sources familiar with the deal, the agreement has been reached. Previously, Business Insider noted that no formal documents had been signed during negotiations…

  2. 2026-09-03

    Nvidia agrees to acquire Hugging Face

    TechCrunch, AI Business, and NVIDIA Newsroom all report that Nvidia has agreed to acquire Hugging Face for $1.293 billion (valuation exceeding $13 billion). Both parties will expand their platforms and strengthen their infrastructure.

    3 reports

SignalsSIGNALS

Keyword heat
  • Hugging Face3
  • NVIDIA2
  • Anthropic1
  • OpenAI1
  • Google1
  • Nvidia1
  • The Information1
  • Business Insider1

All reports (3)SOURCES

T TechCrunch 归档 8月 p03 en 2026-08-26 08:00

Nvidia closes in on Hugging Face acquisition | TechCrunch

Nvidia 已同意以 129 亿美元收购 Hugging Face,该交易估值超过 130 亿美元。The Information 周三晚间援引知情人士报道了这一协议达成消息,而 Business Insider 此前曾指出双方谈判尚未签署正式文件且存在终止可能,TechCrunch 向两方求证均未获回应。Hugging Face 成立于 2016 年,是开发者共享和下载开源 AI 模型的主要平台。此次收购旨在巩固 Nvidia 在开源 AI 领域的地位,以应对 OpenAI、Google、Amazon 及 Anthropic 等闭源实验室自建芯片减少对 Nvidia 硬件的依赖。Hugging Face CEO Clem Delangue 今年公开支持 Nvidia 的开源战略,并曾联合包括 Jensen…

N NVIDIA Newsroom en 2026-09-03 19:59

NVIDIA to Acquire Hugging Face

NVIDIA has agreed to acquire Hugging Face for $1.293 billion. The two parties will jointly expand Hugging Face’s platform, strengthen its infrastructure, and increase access to AI for global developers and organizations. Over the past decade, Clem, Julien, Thomas, and the Hugging Face team have built a dynamic platform available for use by developers and organizations.