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Nvidia agreed to acquire Hugging Face for approximately 12.93 billion US dollars on September 3, 2026. The transaction details have been confirmed.
On September 3, 2026, Nvidia officially announced its agreement to acquire the artificial intelligence development platform Hugging Face for approximately $12.93 billion (some reports say $13 billion). This transaction aims to strengthen Nvidia’s position in the field of open-source AI, gain access to over 3 million models and dataset resources managed by Nvidia, and enhance its connection with the global developer community. This acquisition is seen as a strategic move by Nvidia to counter competition from rivals such as OpenAI and Anthropic, while also aiming to mitigate potential risks resulting from the slowdown in chip demand. Hugging Face was created by Clem, Julien, and their team over the past decade and currently has over 18 million developer users. After the transaction, Nvidia will control this leading open-source AI platform and its vast developer ecosystem, while committing to maintaining the platform’s openness to preserve its core value.
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Nvidia agreed to acquire Hugging Face for approximately 12.93 billion US dollars on September 3, 2026. The transaction details have been confirmed.
Nvidia agreed to acquire Hugging Face for approximately 12.93 billion US dollars (some reports say 13 billion US dollars), aiming to strengthen its position in the open-source AI field and obtain over 3 million models and dataset resources.
11 reportsNVIDIA has agreed to acquire Hugging Face for $1.293 billion. The two parties will jointly expand Hugging Face’s platform, strengthen its infrastructure, and increase access to AI for global developers and organizations. Over the past decade, Clem, Julien, Thomas, and the Hugging Face team have built a dynamic platform available for use by developers and organizations.
Nvidia has confirmed that it will acquire Hugging Face for $12.9 billion. Hugging Face currently hosts over 3 million models and is used by more than 18 million developers.
Nvidia acquired Hugging Face for $12.9 billion, aiming to acquire and promote its open-source artificial intelligence models and dataset repositories. This deal will grant the chip giant access to this vast collection of open-source AI models and datasets, and help it in promoting them.
Nvidia acquired Hugging Face’s developer platform for $12.93 billion, aiming to offset the potential risk of a slowdown in chip demand by supporting open-source AI models.
Nvidia has agreed to acquire the AI platform Hugging Face for $13 billion, aiming to strengthen its efforts in promoting open-source AI models in order to compete with OpenAI and Anthropic.
Nvidia acquired Hugging Face for $12.9 billion. Under the leadership of CEO Jensen Huang, the company’s quarterly profits increased tenfold, and these resources were used for various mergers and acquisitions, including the acquisition of Hugging Face.
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face, giving Nvidia control of a leading open-source AI platform and developer community.
Nvidia acquired Hugging Face for $12.93 billion.
The startup began as an emoji-named app for teens before becoming a crusader for open-source artificial intelligence.
Nvidia's $12.9 billion acquisition of Hugging Face could protect its open AI ecosystem, deepen ties with developers, and keep the platform from rivals.
Nvidia acquired Hugging Face for $13 billion, extending its reach beyond computing chips. This acquisition aims to expand its influence, but maintaining openness will be key to preserving its value.