NVIDIA to Acquire Hugging Face for $12.93 Billion
ngxson · x · 2026-09-03
NVIDIA CEO Jensen Huang announced in an official blog post that NVIDIA will acquire Hugging Face for $12.93 billion.
Key points:
- Built by Clem, Julien, Thomas and team, Hugging Face is the home of the open model community: 18M+ developers, 3M+ models, 500K datasets, 1M apps, and 200K+ companies.
- NVIDIA pledged the platform stays open: no mandatory NVIDIA compute, continued multi-cloud and multi-accelerator support, and continued backing for open weight models across the ecosystem.
- Huang emphasized the economic importance of open weights, arguing open models let startups, businesses, universities, and public institutions build on advanced capabilities without training from scratch.
Related event: NVIDIA Officially Acquires Hugging Face for $12.93 Billion(93 posts)→
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