TechCrunch

Nvidia closes in on Hugging Face acquisition

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.

This is a short WorldPing brief. The full report was published by TechCrunch.

Read the full report at TechCrunch

Related news

Hacker News

Nvidia agrees to acquire Hugging Face for $13B

https://www.theinformation.com/articles/nvidia-agrees-buy-op... (paywalled) https://techcrunch.com/2026/08/24/hugging-face-reportedly-in... Comments URL: https://news.ycombinator.com/item?id=49458161 Points: 914 # Comments: 395…

Brief by WorldPing · Original reporting by Hacker News

The Verge

Nvidia is about to be a hundred-billion-dollar-a-quarter company

Nvidia's predicting it will pull in $108 billion in revenue within just a few months. It wouldn't be the first company to rake in over $100 billion in quarterly revenue - Amazon, Apple, and Alphabet have repeatedly reached the milestone.

Brief by WorldPing · Original reporting by The Verge