# Nvidia Agrees to Acquire Hugging Face for $13 Billion

> Nvidia has agreed to buy Hugging Face, the hub where much of the open-source AI world shares its models and datasets, in a deal that values the startup at more than 13 billion dollars. That is close to triple the 4.5 billion valuation Hugging Face carried in 2023, and it hands Nvidia control of the community platform that sits at the center of open-weight AI. The logic is about lock-in. Nvidia already sells the chips most models are trained on, and owning the place developers download and deploy those models helps keep them tied to its hardware, while giving the company a fresh foothold in cloud services. For a business built on selling silicon, that is a way to defend the ecosystem above the chips. It is worth staying skeptical for now. The companies announced the agreement on August 26, but it has not closed and could still fall apart, and a chipmaker absorbing a supposedly neutral commons is the kind of deal that draws hard questions from regulators and the open-source community alike.

_Section: [Daily AI Updates](https://www.wortins.com/daily-ai) · Source: TechCrunch · Published Monday, August 31, 2026_

## Wortins' read

Nvidia has agreed to buy Hugging Face, the hub where much of the open-source AI world shares its models and datasets, in a deal that values the startup at more than 13 billion dollars. That is close to triple the 4.5 billion valuation Hugging Face carried in 2023, and it hands Nvidia control of the community platform that sits at the center of open-weight AI. The logic is about lock-in. Nvidia already sells the chips most models are trained on, and owning the place developers download and deploy those models helps keep them tied to its hardware, while giving the company a fresh foothold in cloud services. For a business built on selling silicon, that is a way to defend the ecosystem above the chips. It is worth staying skeptical for now. The companies announced the agreement on August 26, but it has not closed and could still fall apart, and a chipmaker absorbing a supposedly neutral commons is the kind of deal that draws hard questions from regulators and the open-source community alike.

## Source

[Read the full story at TechCrunch](https://techcrunch.com/2026/08/26/nvidia-closes-in-on-hugging-face-acquisition/)

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