kapynFunding & M&A

Nvidia confirms $12.93BN purchase of Hugging Face

Nvidia acquires Hugging Face for $12.93bn, expanding its open‑source AI portfolio. The deal positions Nvidia as a major player in the open‑source ecosystem, giving it direct access to Hugging Face's vast model library and community. It signals a strategic shift toward integrating open‑source models into Nvidia's hardware and software stack, potentially accelerating AI adoption across industries.

Tech.eu·Sep 3, 2026

Opening Kapyn…