Nvidia to buy Hugging Face for $12.9B, grabbing the front door to open AI
The Decoder · rss · 2026-09-03
According to The Decoder, Nvidia plans to acquire Hugging Face for roughly $12.9 billion, securing the central hub for open AI models, used by more than 18 million developers and 200,000 companies.
- CEO Jensen Huang promises to keep the platform open and hardware-neutral, but the deal also hands Nvidia a powerful distribution channel for compute.
- The move comes as closed labs increasingly design their own silicon, raising the strategic value of the open-source ecosystem's main entry point.
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