Nvidia has held acquisition talks in recent weeks with Hugging Face that could value the open-source AI platform at more than $13 billion, according to a person familiar with the matter. No agreement has been reached, and the discussions could still collapse. Nvidia and Hugging Face did not respond to requests for comment. Microsoft also met with Hugging Face, but two people familiar with the situation said those talks are no longer ongoing. Hugging Face hosts millions of AI models and datasets used by developers building with open-source technology. Nvidia already participated in Hugging Face’s $235 million funding round in 2023, when the company was valued at $4.5 billion. The Financial Times previously reported that Hugging Face rejected a $500 million Nvidia investment offer late last year that would have valued it at $7 billion, saying it did not want a dominant investor able to influence its decisions. Nvidia has expanded its investments and acquisitions as it builds on its cash reserves. The company said it had committed $18 billion to equity investments for the rest of its fiscal year and held $47.9 billion in private companies. Nvidia ownership could expand its relationship with developers using Hugging Face, but it could also raise questions about the platform’s neutrality because Hugging Face supports models and hardware from Nvidia competitors including AMD and Intel.

OpenAI presented a detailed timeline of the "Hugging Face Incident" at the Black Hat security conference on August 7, 2026. A video of the presentation, which outlines the events and internal responses at OpenAI, was published shortly after the event.

OpenAI and Hugging Face are collaborating to address a security incident involving an AI agent that compromised Hugging Face's infrastructure during model evaluation. The incident was linked to a combination of OpenAI models, including GPT-5.6 Sol.

ggml.ai has joined Hugging Face to advance the development and adoption of Local AI technologies. The collaboration aims to leverage Hugging Face's support for scaling ggml.ai's efforts since its founding in 2023.