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Nvidia Acquires Hugging Face for $13 Billion, Expanding Its AI Reach

Nvidia has finalized the $13 billion acquisition of Hugging Face, a key open-source AI platform, marking a major shift in the competitive landscape for artificial intelligence technology and development.

Read the full story → · Latest coverage 3 Sept 2026, 1:20 pm UTC

Key moments · 4

Nvidia enters advanced talks to acquire Hugging Face

Financial Times World ↗

Reports cite deal value at $12.93 billion for Hugging Face acquisition

The Verge - All Posts Tech ↗

Hugging Face approached Nvidia's CEO weeks before deal announcement

CNBC ↗

Nvidia finalizes the acquisition, confirming the $13 billion figure

AI Latest - Wired ↗

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