NVIDIA to acquire Hugging Face for $12.9 billion

On September 3, 2026, NVIDIA confirmed an agreement to acquire Hugging Face for $12,930,300,000 (≈$12.9 billion). CEO Jensen Huang announced the deal himself in a post on the company’s official blog.

A massive bet on open-source AI

Hugging Face hosts the largest library of open-source AI models, datasets and developer tools in the ecosystem. NVIDIA dominates the chips that run those models. By bringing the two together, the company says it will “expand access to AI,” in Huang’s words.

Why now

The deal extends NVIDIA’s push beyond hardware into software, platforms and the developer community. First reported in late August, it was made official on September 3.

What it changes for developers

Nothing changes in the short term for users of the platform. But the question of Hugging Face’s neutrality — long seen as independent of the big AI vendors — is now on the table, as WIRED notes.

Sources

• NVIDIA Blog — NVIDIA to Acquire Hugging Face
• The New York Times — Nvidia Buys Hugging Face in $12.9 Billion Deal
• CNBC — Nvidia agrees to buy Hugging Face for almost $13 billion
• TechCrunch — Nvidia confirms it will buy Hugging Face for $12.9 billion
• WIRED — A $12.9 Billion Bet on Open-Source AI