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Founders · techcrunch.com · Thursday, 27 August 2026

Nvidia takes the hub of open-source AI with a reported $12.9B Hugging Face buy

Nvidia has reportedly agreed to buy Hugging Face, where developers share and ship open-source models, for $12.9 billion. It is a defensive play on two fronts: owning the open-model ecosystem keeps customers tied to Nvidia silicon, and a healthy open scene dilutes the closed labs busy building their own chips to escape it. Hugging Face CEO Clem Delangue has spent the year aligned with Nvidia's open-source push.

Read the source: techcrunch.com ↗In the 27 August issue →