Nvidia Acquires Hugging Face for Nearly $13 Billion in Open-Source AI Bet
nordicinst · x · 2026-09-03
Nvidia has officially agreed to acquire Hugging Face for nearly $13 billion, the long-rumored deal marking a major push by the chip giant into the software side of generative AI.
Key points:
- Nvidia committed to maintaining Hugging Face's current open standards, keeping the massive repository of open-source models and datasets accessible
- The move doubles down on Nvidia's open-weights strategy, following its Nemotron open-weights model suite
- Nvidia has positioned itself against closed models: last month it rallied 80+ companies to sign an open letter urging the US government to defend open-weight AI models
- It also launched SAFE (Shared AI Findings Exchange), encouraging companies to confidentially analyze AI incidents and publish evidence-based recommendations
- CEO Jensen Huang: 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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