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All issuesVolume 342, Issue 1IT Vendor NewsNVIDIA

NVIDIA to Acquire Hugging Face

NVIDIA, Thursday, September 3rd, 2026

NVIDIA agreed to acquire Hugging Face for about $12.9 billion, pledging to keep the model platform open.

NVIDIA announced an agreement to acquire Hugging Face for $12,930,300,000, saying it will scale the platform, strengthen its infrastructure and expand AI access for developers and institutions worldwide.

Hugging Face has become the central home for the open model developer community, with more than 18 million developers, researchers and creators sharing over 3 million models, 500,000 datasets and 1 million applications.

More than 200,000 companies use the platform to discover, evaluate, customize and deploy AI. NVIDIA stated that Hugging Face will remain an open platform following the transaction.

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