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Nvidia to Acquire AI Platform Hugging Face in $12.9 Billion Deal
Nvidia (NVDA) has entered into a definitive agreement to acquire Hugging Face, the leading open-source artificial intelligence platform, for $12.93 billion. The acquisition, announced on September 3, 2026, marks a significant consolidation in the AI industry, combining Nvidia's massive scale in hardware and infrastructure with the world's largest AI developer community.
A Landmark AI Acquisition
The deal brings one of the most critical hubs for AI development under the umbrella of the world's leading AI chip manufacturer. According to the announcement, Hugging Face's platform is a vast ecosystem for developers, researchers, and enterprise users.
The platform currently hosts:
- Over 18 million developers, researchers, and creators
- More than 3 million AI models
- 500,000 open datasets
- 1 million applications
- Serves over 200,000 organizations
Commitment to an Open Ecosystem
AdAddressing potential concerns from the developer community about platform neutrality, Nvidia CEO Jensen Huang stated that Hugging Face will continue to operate as an open, multi-cloud platform under its existing brand. The company emphasized that developers will retain full autonomy to choose their preferred frameworks, cloud providers, and hardware.
"AI advances faster when people can build together," Huang said in a statement. "Nvidia’s infrastructure, engineering, and global reach will help scale platform reliability, safety, model evaluation, and deployment capabilities while preserving the open ecosystem that made Hugging Face foundational." Critically, deploying models on Hugging Face will not require the use of Nvidia computing resources.
Deepening an Existing Partnership
The acquisition formalizes an already strong relationship between the two companies. Nvidia is the single largest contributor of open models and data on the Hugging Face platform, having published over 500 open-weight models and 250 datasets.
Both companies noted a shared commitment to open-weight models, a framework seen as vital for lowering barriers to entry and accelerating enterprise innovation in AI. Hugging Face co-founders Clem Delangue, Julien Chaumond, and Thomas Wolf will continue to lead the team and scale the platform globally following the acquisition.
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