Nvidia Confirms $12.93 Billion Acquisition of Hugging Face, Betting Big on Open-Source AI

After weeks of rumors, Nvidia officially confirmed on September 6 its $12.93 billion acquisition of Hugging Face. CEO Jensen Huang praised open models for enhancing safety and cybersecurity and accelerating innovation, thanked co-founder Clément Delangue, and pledged the platform will remain open.

Confirmed

Perspectives and Controversy

Why it matters

Hugging Face is the world's largest open model hosting and distribution platform and the de facto entry point to open-source AI. Nvidia's ownership could push open models to the frontier with more compute and capital, but also reshape the platform's neutral role—how the integration plays out will deeply influence the trajectory of open-source AI.

2026-09-04 ~ 2026-09-06 · 5 related posts

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