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[AINews] NVIDIA buys HuggingFace for $13B, as OpenAI publishes their HF incident retro

Latent Space Blog · Aug 27, 2026 · Industry Trends

NVIDIA acquires HuggingFace for $13B, nearly double its initial $7B offer.

NVIDIA has confirmed its acquisition of HuggingFace for $13B, representing approximately 80x the company's $150M ARR and nearly double Nvidia's initial $7B offer from January 2026. HuggingFace had doubled its customer base in 2026, signaling strong open-source AI platform momentum ahead of the deal. This acquisition positions NVIDIA to control a dominant share of the open-source AI model and tooling ecosystem, deepening its vertical integration from hardware to model distribution.

nvidia huggingface acquisition open-source consolidation

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