Nvidia to buy Hugging Face for $13bn in big bet on open AI models:
(Reuters) -- Nvidia will buy popular developer platform Hugging Face for $12.93 billion ...
asia.nikkei.com/business/business-deals/nvidia-to-buy-hugging-face-for-13bn-in-big-bet-on-open-ai-models
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Nvidia Announces $12.93 Billion Hugging Face PurchaseThe agreement allocates about $11.9 billion to investors and up to $1 billion for employee retention.
Key FactsSep 3, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: asia.nikkei.com
Summary created with AI assistance · Source: asia.nikkei.com
- Nvidia’s shares gained 1.5% after the agreement was announced on Thursday.
- The acquisition would give Nvidia access to a platform where developers test, share, and collaborate around open AI models.
- At its most recently disclosed funding round, in August 2023, investors valued Hugging Face at $4.5 billion.
- Jensen Huang said Hugging Face would stay open, with Nvidia chips unnecessary for building or deploying through it.
Hugging Face will remain an open platform for the entire AI ecosystem.— Jensen Huang, Nvidia CEO, during the announcement of Nvidia's deal to acquire Hugging Face.
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News on this topic
Nvidia buys Hugging Face, the GitHub of AI, for $13 billion: Nvidia says Hugging Face will stay open even as the chipmaker takes control of a key AI hub.
ft.com/content/776dcb01-75cd-44df-bc52-63ca76d5718d
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Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC
cnbc.com/2026/09/03/nvidia-agrees-to-buy-hugging-face-for-almost-13-billion-ai-expansion.html
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AI platform: Nvidia acquires Hugging Face for $13 billion: The chipmaker aims to enter the open-source artificial intelligence market with the ...
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Nvidia Buying AI Platform Hugging Face For $12.9 Billion: Nvidia announced a deal to buy AI developer platform Hugging Face for $12.93 billion in the company's ...
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Nvidia acquires Hugging Face for $12.93 billion — company gains control of major AI model distribution platform
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Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI: The long-rumored deal will give the chip giant access to—and help it promote—a huge ...
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“Hugging Face will remain an open platform”: Nvidia strikes $12.9B deal for the ‘GitHub of AI’
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Nvidia puts its money where its mouth is on open weight AI, moving to buy Hugging Face for $13 billion
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Nvidia confirms it's buying Hugging Face for $13 billion: Nvidia is buying Hugging Face for $12.9 billion, the companies said on Thursday ...
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Nvidia confirms it will buy Hugging Face for $12.9 billion: Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.
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Nvidia to buy Hugging Face for $13bn in big bet on open AI models: (Reuters) -- Nvidia will buy popular developer platform Hugging Face for $12.93 billion ...
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Nvidia bets big on AI, to acquire Hugging Face in $12.93 billion deal; Jensen Huang says it will remain ‘open platform’
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NVIDIA Is Buying Hugging Face For $12.93 Billion: NVIDIA has confirmed it is buying AI software repository Hugging Face.
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NVIDIA's Jensen Huang explains why it's buying Hugging Face for nearly $13 billion
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