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FrontRow · Aug 27, 2026

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Nvidia has agreed to buy open-source platform Hugging Face for $12.9 billion, The Information reported, citing a person with knowledge of the deal. Deal talks began after Hugging Face, an open-source AI platform developers use to collaborate, test and share tools, received acquisition interest from another suitor, according to The Information. Business Insider separately reported that Nvidia had been "in talks" to acquire Hugging Face. The outlet reported last week that Hugging Face has been working with a bank to evaluate bidders' interest in the startup, citing people familiar with the matter. CNBC could not independently verify the report. Hugging Face and Nvidia did not immediately respond to a request for comment.

Nvidia has agreed to buy open-source platform Hugging Face for $12.9 billion, The Information reported, citing a person with knowledge of the deal. Deal talks began after Hugging Face, an open-source AI platform developers use to collaborate, test and share tools, received acquisition interest from another suitor, according to The Information. Business Insider separately reported that Nvidia had been "in talks" to acquire Hugging Face. The outlet reported last week that Hugging Face has been working with a bank to evaluate bidders' interest in the startup, citing people familiar with the matter. CNBC could not independently verify the report. Hugging Face and Nvidia did not immediately respond to a request for comment.

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