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NVIDIA agrees to buy AI startup Hugging Face for ₹1.2 lakh crore: Report

short by Mansi Agarwal / on Thursday, 27 August, 2026
NVIDIA has agreed to buy Hugging Face, a platform known for its GitHub-like repository of open-source AI models, for $12.9 billion (around ₹1.2 lakh crore), The Information reported. The startup reportedly rejected a $500 million investment offer from NVIDIA last year. Hugging Face was recently hacked by OpenAI's rogue AI agents after they broke out of a controlled testing sandbox.
read more at Reuters