Nvidia to buy Hugging Face for $12.9B, 80x revenue
kimmonismus · x · 2026-08-27
The Information reports Nvidia's $12.9 billion acquisition of Hugging Face values the deal at roughly 80x its $150 million annualized revenue. The strategic move aims to protect GPU demand against in-house chips from OpenAI and others by bolstering open-source models, and to revive Nvidia's cloud business by connecting developers directly to its compute.
Related event: NVIDIA Reportedly Agrees to Buy Hugging Face for ~$12.9B(60 posts)→
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