Nvidia to Acquire Hugging Face for $12.93 Billion

On September 3, NVIDIA officially announced its $12.93 billion acquisition of open-source AI platform Hugging Face. CEO Jensen Huang confirmed the deal in an official blog post, saying open models can strengthen safety and accelerate the spread of innovation. Hugging Face co-founder and CEO Clément Delangue also officially announced the acquisition intent, saying that a decade after founding the company, open-source AI has reached an inflection point, and the community has proven open source can complement or even replace closed APIs.

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2026-09-03 ~ 2026-09-03 · 28 related posts

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