Nvidia Tries Buying Hugging Face, Still Can’t Buy Developer Trust
KEY POINTS
- •Nvidia has been negotiating to buy Hugging Face for more than $13 billion in recent weeks but no deal is done yet.
- •Microsoft also met with Hugging Face about a possible acquisition, but those discussions are no longer ongoing.
- •Hugging Face rejected a $500 million Nvidia offer last year, valuing itself at $7 billion to avoid dominant investors.
In a tale of billionaire romance, Nvidia, the chip giant with $47.9 billion in private company piggybanks and $18 billion more waiting in the wings, is wooing Hugging Face with a $13 billion price tag. This open-source AI darling, host to millions of models, previously nixed Nvidia’s $500 million overture promising a $7 billion valuation, proudly warding off ‘dominant investor’ drama like a seasoned reality star dodging scandal. Meanwhile, Microsoft also tried its luck but left empty-handed. Hugging Face’s prized neutrality—daring to support AMD and Intel alongside Nvidia—now faces a corporate makeover if the deal seals. Nvidia and Hugging Face stayed mum, probably rehearsing their joint apology tour.
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(1 of 3)Source: Businessinsider | Published: 8/27/2026 | Author: Katie Roof,Geoff Weiss,Ashley Stewart