Nvidia Corp. has finalized a landmark acquisition of Hugging Face, the leading open-source artificial intelligence platform, in a deal valued at $12.93 billion. The transaction, announced on September 3, 2026, marks a strategic move to bolster Nvidia’s dominance in AI infrastructure while maintaining Hugging Face’s core principles of openness and developer autonomy.
Hugging Face serves over 18 million developers, researchers, and creators, powering AI deployments across more than 200,000 organizations. The platform hosts over 3 million AI models and 500,000 open datasets, alongside 1 million applications. Nvidia has been a significant contributor to Hugging Face, publishing over 500 open-weight models and 250 datasets on the platform.
Under the terms of the agreement, Hugging Face will remain an open, multi-cloud platform, operating under its existing brand. Developers will retain full flexibility to choose their preferred frameworks, cloud providers, inference engines, and hardware, with no requirement to use Nvidia’s compute resources. The acquisition will not alter Hugging Face’s open-source ethos, as stated by Jensen Huang, Nvidia’s CEO, who emphasized that AI progress accelerates when collaboration is unencumbered. Huang noted that Nvidia’s infrastructure, engineering capabilities, and global reach will enhance platform reliability, safety, model evaluation, and deployment while preserving the collaborative ecosystem that defined Hugging Face’s success.
The deal will be led by Hugging Face’s co-founders—Clem Delangue, Julien Chaumond, and Thomas Wolf—who will continue guiding the platform’s global expansion. The transaction reflects broader industry trends toward consolidation in AI, with Nvidia positioning itself as a key player in the evolving AI landscape, where open-source innovation and commercial integration are increasingly intertwined.
