Nvidia Confirms $13B Acquisition of Hugging Face, Doubling Down on Open-Source AI
nordicinst · x · 2026-10-06
Nvidia confirmed it will acquire Hugging Face, the 'GitHub of AI,' in a deal valued at $13 billion. Jensen Huang framed it as backing open models for safety, innovation diffusion, and sovereignty. Notably, Hugging Face rejected a $500M Nvidia investment at a $7B valuation last year — this summer it was Hugging Face that approached Nvidia, per CEO Clément Delangue.
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