Nvidia to acquire Hugging Face for $12.93 billion
Nvidia confirmed Thursday it has struck a deal to purchase Hugging Face, the widely used open-source AI model repository, for nearly $13 billion. The announcement ends weeks of speculation about a potential acquisition. CEO Jensen Huang pledged the platform will remain open to the broader AI community after the deal closes.
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Hugging Face has become a central hub for developers sharing and deploying AI models, making its ownership structure a matter of concern for the open-source community. Nvidia's move deepens its reach beyond chips into the software and model-sharing layer of AI infrastructure, potentially giving it outsized influence over how developers access and build AI tools.
- Nvidia is paying nearly $13 billion for Hugging Face, one of the largest AI-related acquisitions to date.
- Jensen Huang says the platform will stay open despite Nvidia's ownership.
- The deal expands Nvidia's footprint beyond hardware into AI software and developer tooling.
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See NVIDIA GeForce RTX 4060 Graphics Card on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: fastcompany.com, 2026-09-03
Published there as: “Nvidia CEO Jensen Huang vows to keep Hugging Face ‘an open platform for the entire AI ecosystem’”
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