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Nvidia agreed to acquire Hugging Face for about $12.93 billion to expand support for its open-model platform

Acquisition Provisional 86% confidence first seen

Nvidia has agreed to acquire Hugging Face for approximately $12.93 billion to build more infrastructure around its open-model ecosystem. The companies said Hugging Face would remain open, keep its team and brand, and that the deal is subject to formal completion and potential antitrust review.

Hugging Face NVIDIA Hugging Face Inc. Jensen Huang SiliconANGLE

The deal

Hugging Face about $12.93 billion Acquisition · announced 3 Sep 2026

Investors NVIDIA

Deal terms as reported in the coverage below.

Source coverage

Nvidia Buys Hugging Face for $13B to Strengthen Its Open Weights Strategy Trending Topics independent Nvidia’s Hugging Face deal is a bet on open models — and proof it’s no longer just a chip company SiliconANGLE independent

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