Nvidia to Acquire Hugging Face for $12.9 Billion

Nvidia has agreed to acquire Hugging Face for $12.9 billion, announced on September 2, 2026, with the deal expected to close in the first half of 2027. The platform serves over 18 million developers and more than 200,000 companies. Huang promises to keep it open to the entire AI ecosystem.

• Deal value $12.9 billion, expected to close in first half of 2027
• Platform used by over 18 million developers and 200,000 companies
• Nvidia promises to keep Hugging Face open to the entire AI ecosystem
• Nvidia has already uploaded hundreds of models and datasets, including GR00T