Nvidia Said to Be Buying Hugging Face, a Major AI Hub, for $12.9 Billion

Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported August 26, 2026, citing a source. Business Insider reported that same night that no agreement had been signed and the deal could still fall apart. Founded in 2016, Hugging Face runs the most popular online library of free, shared AI programs.