kapynFunding & M&A

Nvidia closes in on Hugging Face acquisition

Nvidia has agreed to buy Hugging Face for $12.9 billion. The deal lets Nvidia protect its chip empire and re-enter cloud services. Hugging Face's platform hosts hundreds of thousands of open-source AI models, making it critical for AI developers.

TechCrunch AI·Aug 27, 2026

Opening Kapyn…