Nvidia acquires Hugging Face for $12.93B, expanding AI reach

Nvidia will acquire Hugging Face for $12.93B, gaining a major open-source AI platform used by 18M+ developers. The platform will stay open, broadening Nvidia's AI ecosystem.

Nvidia has announced its largest acquisition to date, agreeing to purchase Hugging Face, a leading open-source AI platform, for approximately $12.93 billion. The deal, revealed on September 3, 2026, marks a strategic move for Nvidia as it expands beyond its core AI chip business. Hugging Face serves over 18 million developers, researchers, and creators, hosting more than 3 million AI models, 500,000 datasets, and 1 million applications. The platform acts as a central hub for open-weight AI resources, with over 200,000 companies relying on it for AI development and deployment. Nvidia stated that Hugging Face will remain open and interoperable, allowing developers to choose their preferred models, frameworks, clouds, and computing platforms, regardless of hardware. This acquisition is expected to strengthen Nvidia's position in the AI software ecosystem, adding a major software distribution layer to its hardware leadership. The move follows recent security concerns at Hugging Face and aims to further scale infrastructure and expand access to AI technologies.