NVIDIA reportedly acquires Hugging Face for $12.9B

altryne · x · 2026-08-31

The Information reports NVIDIA agreed to acquire Hugging Face for $12.9B, roughly 3x its 2023 valuation. Other news includes Z.AI's OX Alpha revealed as GLM-5.3-Flash, Alibaba previewing Qwen4, and Google releasing Gemini Omni 1.1 Flash. The show also covered PhoneLLM, an open-weights Nemotron fine-tune that boosted PhoneBench scores from 28% to 72% at 0.25 cents/minute.

Related event: NVIDIA Reportedly Agrees to Acquire Hugging Face for $12.9B(8 posts)→

Original post →

More from Companies & People

Companies & People channel →