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LIVE DESK·Global markets desk·Last updated 14s ago
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Business/M&AArticle

Nvidia in talks to acquire AI startup Hugging Face for over $13 billion

Reported discussions follow Nvidia's recent AI acquisitions and $18 billion equity commitment. Deal would deepen AI infrastructure expansion.

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Lucas Ferreira · Deals & Startups Desk · 30 Aug 2026 · 10:08 · 1 min read
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Nvidia in talks to acquire AI startup Hugging Face for over $13 billion

Nvidia is in advanced talks to acquire AI startup Hugging Face for more than $13 billion, according to a report citing sources familiar with the matter.

The potential acquisition, first reported by Business Insider, would mark another major step in Nvidia’s ongoing expansion into artificial intelligence infrastructure. The company has committed $18 billion in equity investments for the remainder of 2026, signaling continued aggressive growth in the sector.

Hugging Face, known for its open-source AI models and developer platforms, would complement Nvidia’s recent acquisitions. Over the past 12 months, Nvidia has purchased ShedMD, Illumex, and Groq, while acquiring Kumo in June. These deals underscore Nvidia’s strategy to consolidate key AI capabilities.

The reported discussions come just hours after Nvidia released quarterly earnings that exceeded market expectations and provided an upbeat outlook for the current quarter. The company did not immediately respond to requests for comment on the potential deal.

A final agreement has not been finalized, and terms remain subject to change. If completed, the acquisition would further solidify Nvidia’s position as a dominant player in the AI ecosystem.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Lucas Ferreira
Deals & Startups Desk

Lucas covers M&A activity and startup funding rounds, tracking deal structures and valuations to explain what a transaction means for the companies and markets involved.

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