Nvidia confirms it will buy Hugging Face for $12.9 billion
September 4, 2026
After weeks of swirling rumors, Nvidia confirmed today that it has acquired Hugging Face for $12.93 billion. Hugging Face’s platform hosts three million models, one million applications used by over 18 million developers, and half a million datasets.
In a blog post, Nvidia’s CEO Jensen Huang said that Hugging Face will continue to support open source and open-weight models and will…