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Nvidia Reportedly in Talks to Acquire AI Model Platform Hugging Face
Electronic Technology · Semiconductors · yonhap_finance · 2026-08-27
Nvidia is reportedly negotiating the acquisition of AI model hub Hugging Face, with the startup’s valuation estimated at over $13 billion.
What Happened
Acquisition Negotiations: Nvidia has been in discussions over the past few weeks to acquire Hugging Face, a prominent platform for sharing AI models. Sources indicate that Nvidia is valuing the startup at more than $13 billion.
Uncertain Outcome: No formal agreement has been reached between the two companies yet, and there remains a possibility that the negotiations could fall through. Both parties have declined to provide immediate comments regarding the reports.
Strategic Expansion: Nvidia has been aggressively pursuing M&A deals over the past year, including a $6 billion licensing agreement with Poolside and a significant stake acquisition in Groq. Nvidia was also an early investor in Hugging Face during its 2023 funding round.
Industry Significance: Founded in 2016, Hugging Face serves as a critical hub for AI models developed by major players like OpenAI, Anthropic, and Meta. Despite recent security challenges involving model vulnerabilities, the platform remains a cornerstone of the global AI development ecosystem.
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