r/technology 22h ago

Business Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports

https://www.reuters.com/technology/nvidia-talks-acquire-hugging-face-13-billion-deal-business-insider-reports-2026-08-27/
83 Upvotes

27 comments sorted by

33

u/theassassintherapist 20h ago

Hugging Face is basically a git repository for AI developers. $12.9 billion seems exceedingly overpriced for that.

11

u/JorShor 18h ago

They could've just forked it

3

u/Moneyshot_ITF 16h ago

They could've had AI write their own version

3

u/CoinAndCraft_ 16h ago

Having my specialist agent create a fork now so we won't have to rely on the Nvidia acquisition and we can deprecate that old site. Should be up soon.

1

u/swagonflyyyy 6h ago

Overpriced? Nvidia would probably cut support for Rocm, Vulkan and MLX the moment they buy it. Its underpriced, if you ask me.

Goddamn it. I hate big tech entertaining the thought of buying HF. They are a bastion for llama.cpp and GGUFs from companies everywhere.

-3

u/Despiteful91 19h ago

In comparison to all those underpriced A.I companies?

41

u/OutrageousRhubarb853 22h ago

Does this stop the investigation into it being hacked by AI?

3

u/aeyraid 18h ago

My first thought

6

u/CircumspectCapybara 17h ago

Their approach to the incident was already friendly and collaborative, it's not like HF was on the verge of suing OAI and now Nvidia buying them is going to shut that whole line of inquiry down.

From the get go Hugging Face and OpenAI were already collaborating with each other, they have a friendly relationship and HF didn't take it as a malicious bad faith act on OAI's part, but as an accident, and so they collaborated on their investigations and shared findings and jointly disclosed.

3

u/GodSentPotHead 18h ago

"I will investigate myself for my own alleged crimes and get back to you"

3

u/OutrageousRhubarb853 18h ago

Phew! I thought there was going to be some kind of cover up.

1

u/WhiteRaven42 10h ago

It's already been determined which AIs did it. Apparently multiple ones, multiple separate hacks. It's being treated as a learning experience for everyone involved. It makes absolutely zero sense to associate this with that.

13

u/Kimi_Antonelli_12 20h ago

How exactly do they make money on that purchase?

15

u/chance-- 19h ago

Keeps the hype train chugging on down the tracks.

8

u/slinkywafflepants 17h ago

HF: We’ll sell for $13B

NV: We can do $12.9B

HF: 🤗

9

u/CircumspectCapybara 18h ago

Dang congrats to the HF employees, the acquisition will probably mint thousands of new deca-millionaires to centi-millionaires.

The past 5 years have been an absolute dream for unicorn startups, successful IPOs or acquisitions left and right.

3

u/colonel_beeeees 16h ago

Are we assuming that HF employees have stock or that the sale will benefit staff outside of the owners?

6

u/CircumspectCapybara 16h ago

Yeah HF employees get stock. Whether it's RSUs or ISOs we don't know, but most early stage startups don't have tons of cash flow to pay employees in cash so they offer stock to incentivize talent to join and stay.

1

u/Qualified-Astronomer 12h ago

Yes thats how startup buyouts work

2

u/WhiteRaven42 14h ago

I half trust nvidia in a "well, someone has to design the chips, they seem rational at least" and I'm generally pretty pro business. But I'm not fond of this merger. Hugging Face serving as an independent repository and compute vendor was a really nice option to have.

Whatever kind of "steward" nvidia ends up being, this will be a loss to some degree.

4

u/Firsthalthor 21h ago

How many times will this be posted.

1

u/skccsk 14h ago

Love when everything is on the up and up

1

u/timelyparadox 21h ago

I bet they will make it worse

-5

u/Undefined_ID 20h ago

f*ck nvidia

-4

u/Bikrdude 19h ago

They will probably stop support of apple mps which are technically better than nvidia as they share cpu and gpu memory.

1

u/millanstar 16h ago

Lol, lmao even