{"id":"576a7685-fd3e-4d5a-870e-0e21a348426d","slug":"nvidia-acquires-hugging-face","name":"Nvidia acquires Hugging Face","partnershipType":"investment","status":"announced","announcedDate":"2026-08-26T00:00:00.000Z","startDate":null,"endDate":null,"summary":"The Information reported on Aug 26, 2026 that Nvidia agreed to acquire Hugging Face, the open-source AI model platform, for $12.9B, citing one person with knowledge of the deal. Business Insider reported that talks had not yet produced a signed agreement. Nvidia took part in Hugging Face's 2023 round at a $4.5B valuation. Neither company had commented when CNBC and TechCrunch published.","sources":[{"url":"https://www.cnbc.com/2026/08/27/nvidia-hugging-face-acquisition.html","title":"CNBC — Nvidia agrees to buy Hugging Face for $12.9 billion"},{"url":"https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/","title":"TechCrunch — Nvidia closes in on Hugging Face acquisition"},{"url":"https://www.reuters.com/technology/nvidia-talks-acquire-hugging-face-13-billion-deal-business-insider-reports-2026-08-27/","title":"Reuters — Nvidia agrees to buy Hugging Face for $12.9B"}],"verificationPosture":"reported","reviewStatus":"reviewed","createdAt":"2026-08-27T22:25:48.621Z","updatedAt":"2026-11-01T01:59:34.020Z","parties":[{"id":"b4d8492b-32c6-498d-a339-887c3a6f5c9a","partnershipId":"576a7685-fd3e-4d5a-870e-0e21a348426d","companyId":"a9609061-00fd-4d9b-9b2d-ce2d772ab825","externalName":null,"role":"investor_partner","createdAt":"2026-08-27T22:25:48.621Z","company":{"id":"a9609061-00fd-4d9b-9b2d-ce2d772ab825","slug":"nvidia","name":"NVIDIA"}},{"id":"562b7c4e-2e53-42e0-ad96-967b2d636612","partnershipId":"576a7685-fd3e-4d5a-870e-0e21a348426d","companyId":"b9ef1159-6629-46b0-a86e-db43ceeb65b8","externalName":null,"role":"other","createdAt":"2026-08-27T22:25:48.621Z","company":{"id":"b9ef1159-6629-46b0-a86e-db43ceeb65b8","slug":"hugging-face","name":"Hugging Face"}}]}