NVIDIA Confirms $12.93B Hugging Face Acquisition, Closing 1H 2027
shashib · x · 2026-09-03
NVIDIA has officially confirmed acquiring Hugging Face for $12.93 billion.
- Deal structure: $11.9B cash to stockholders plus up to $1.0B employee retention equity (per the 8-K); expected to close in 1H 2027 pending regulatory review.
- Platform scale: 18M+ developers, 3M+ models, 500K datasets, 1M applications, and 200K+ companies.
- Key pledge: HF stays an open, multi-cloud, multi-chip platform — builders keep free choice of model, framework, cloud and inference; NVIDIA compute is not required.
- Context: The Information first reported the figure on Aug 27; Jensen Huang confirmed it on NVIDIA's blog. The author frames HF as the public catalog where chipmakers' move into software and app companies' move into models/compute converge — now owned by NVIDIA.
Related event: NVIDIA Officially Acquires Hugging Face for $12.93 Billion(93 posts)→
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