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Nvidia closes in on Hugging Face acquisition

TechCrunchEditor
August 27, 2026 | 12:00 PM1 min read
Originally published on TechCrunch
Nvidia closes in on Hugging Face acquisition

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12. 9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

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