On August 27, 2026, NVIDIA announced its acquisition of the AI model platform HuggingFace for $13 billion. This price is approximately 80 times NVIDIA’s annual recurring revenue (ARR) for 2026 and almost twice the initial offer of $7 billion it made in January of the same year. Before the acquisition, NVIDIA doubled its customer base, and HuggingFace’s model library hosted multiple open-source AI models, including GLM-5.3-Flash (codenamed Ox Alpha). Meanwhile, OpenAI released a review report on the security incidents involving HuggingFace.
NVIDIA announced its acquisition of HuggingFace for $13 billion, which is approximately 80 times its annual recurring revenue of $150 million in 2026. This offer is almost twice the initial $7 billion offer made by NVIDIA in January 2026. Before the acquisition, NVIDIA had doubled its customer base, and HuggingFace’s model library hosted multiple open-source AI models, including GLM-5.3-Flash (codenamed Ox Alpha).