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Nvidia Confirms Acquisition of Hugging Face for Nearly $13 Billion

Nvidia will acquire Hugging Face, a prominent AI platform, for approximately $12.93 billion, maintaining its open platform status.

3 September 2026Tagblick Newsdesk

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Archive photo: Nvidia Confirms Acquisition of Hugging Face for Nearly $13 Billion — Archive photoPhoto: Kaptainvet · Wikimedia Commons · CC BY-SA 4.0

Nvidia has officially announced its acquisition of Hugging Face for approximately $12.93 billion. The purchase will bring Hugging Face, a well-known platform for open-source AI models and datasets, under the ownership of Nvidia, which is recognized as the world's largest manufacturer of AI chips.

Hugging Face, founded in 2016, serves as a significant resource for AI developers, hosting over three million models and used by more than 18 million developers globally, as reported by TechCrunch. The acquisition reflects Nvidia's strategy to expand its role in the AI landscape and diversify its operations.

According to Jensen Huang, CEO of Nvidia, this acquisition aims to enhance access to AI resources for developers and institutions around the world. He emphasized that Hugging Face would continue to operate as an open platform, preserving its independent status within the Nvidia ecosystem, as stated by multiple sources including La Tercera and Deutsche Welle.

The deal, which has been in the works for several weeks, underscores the increasing interest in open AI models and the competitive landscape of the AI market. The timing of this acquisition coincides with Nvidia's ongoing efforts to solidify its position in the sector, as noted by CNA and MarketWatch.

In the context of recent developments in AI technology, this acquisition is seen as a significant move for Nvidia, further establishing its presence in the open-source segment of the industry. Analysts view Hugging Face as an important asset in the AI field, which has gained traction as one of the leading platforms for AI projects and innovations, according to sources like The Verge and Numerama.

The dynamics of the acquisition highlight the strategic direction Nvidia is pursuing, where it aims to integrate Hugging Face into its broader business model while maintaining the platform's foundational principles. This decision is expected to impact the landscape of AI development in the coming years, according to several industry observers.

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