Thursday, August 27, 2026
The Information headlined that NVIDIA agreed to buy Hugging Face, the open-source Hub, for $12.9 billion. Business Insider, in the same window, says talks above $13 billion have not reached a deal and could fall apart. CNBC’s source only confirms acquisition has been part of ongoing talks. Neither company commented. No NVIDIA newsroom or Hugging Face blog post; no matching 8-K. Unconfirmed. NVIDIA also posted Q2 FY27 after Wednesday’s close (quarter ended 26 Jul 2026): revenue $96.2B, Data Center $89.0B, GAAP and non-GAAP gross margin both 75.0%. Q3 outlook is $108.0B ±2% with no Data Center compute revenue from China assumed. Same day, AWS and NVIDIA announced 2 million additional GPUs for 2027–2028. Ollama cut v0.33.1 with MLX Qwen3.8 Flash Next (qwen3.8-flash-next:125b-mlx, 113 GB). llama.cpp b10646 plugs Metal autorelease leaks. mlx-vlm 0.6.17 adds Flash Next and a MiniMax-M3 Metal 499k leak fix. Google Cloud posted FinOps controls for Gemini Enterprise. SGLang has day-0 serving for official Qwen3.8-Flash-Next weights (Qwen Community License 1.0, not Apache). MLX core is still v0.32.2. vLLM is still v0.28.0.
Window ~2026-07-31 to 2026-08-27. Wednesday already covered vLLM 0.28.0, Gemini Enterprise Legal/FS, Granite Speech 5.0, llama.cpp Mamba-2 / RDMA, and Ollama v0.33.0. Primary sources only. Vendor evals flagged.
Breaking AI News
The Information: NVIDIA agreed to buy the open-source Hub for $12.9B (paywalled). CNBC: a source confirms acquisition has been part of ongoing talks; neither company commented. Business Insider: talks above $13B, no deal yet, could fall apart. No newsroom, HF blog, or 8-K. Unconfirmed.
Official newsroom + SEC exhibit. Revenue $96.221B, up 18% QoQ and 106% YoY. Data Center $89.0B (+18% QoQ, +117% YoY). Edge Computing $7.2B. GAAP diluted EPS $2.46; non-GAAP $2.22. Returned about $26.0B to shareholders. Q3: $108.0B ±2%, GM 74.0% ±50 bps, no China Data Center compute in the outlook. Vera Rubin “ramping into full production” is in the same PR; do not treat the rest of the highlight list as Thursday ships.
