New York, Aug 27, 2026 (AFP) - Nvidia to buy AI platform Hugging Face for $12.9 bn: report

NAMPA / AFP

2026-08-27

Nvidia is set to buy artificial intelligence platform Hugging Face for $12.9 billion, news outlet The Information reported on Wednesday, as the US chipmaking giant seeks to diversify. The price is a marked increase from the $7 billion valuation that served as the basis for initial negotiations with Nvidia late last year, according to the Financial Times. At the time, the AI platform reportedly turned down a $500 million investment from the Califo......

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