> ## Content Index
> Fetch the complete content index at: https://fabric-media.ghost.io/llms.txt
> Use this file to discover other available public pages before exploring further.

# Nvidia nears $12.9 billion deal for Hugging Face
- URL: https://fabric-media.ghost.io/nvidia-nears-12-9-billion-deal-for-hugging-face/
- Published: 2026-08-27T22:05:48.000Z
- Updated: 2026-08-27T22:05:48.000Z
- Description: Nvidia has agreed to buy open source AI hub Hugging Face for $12.9 billion, The Information reported, though talks reportedly hadn’t produced a signed deal as of Wednesday night.
- Author: Fabric.Media Editorial
- Tags: Ad-tech, AI, Connie Loizos

**Why it matters.** Owning the biggest open source model hub gives Nvidia a lever to keep the market dependent on its chips even as OpenAI, Google, Amazon and Anthropic build their own silicon.

*Signal from* [*TechCrunch (AI)*](https://techcrunch.com/category/artificial-intelligence/?ref=fabric-media.ghost.io) *·* [*Connie Loizos*](https://fabric-media.ghost.io/tag/by-connie-loizos/) *·* [*read the original*](https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/?ref=fabric-media.ghost.io)*.*