# Nvidia to acquire Hugging Face for $12.9 billion

Digest AI · Business & Funding · published 2026-09-17T05:30:00Z

Canonical: https://digestai.news/story/nvidia-to-acquire-hugging-face-for-12-9-billion

## Summary

Nvidia disclosed on September 2, 2026 that it will buy Hugging Face in a transaction valued at $12.9 billion. The deal is slated to close in the first half of 2027 and would bring the open‑AI community platform under Nvidia’s ownership. 

Hugging Face runs a hub used by more than 18 million developers and over 200,000 companies to share and deploy models, datasets, and tutorials. Nvidia says the acquisition gives it direct access to a large creator base and strengthens its software stack, which already includes CUDA and a growing set of AI tools. By owning a platform focused on open‑weight models, Nvidia can extend its influence beyond hardware, offering developers more freedom to run models on any infrastructure. The move also serves as a defensive play against rivals such as Microsoft, Google and Amazon, which are building their own AI processors and could reduce reliance on Nvidia GPUs.

## Key points

- Nvidia announced a $12.9 billion acquisition of Hugging Face, disclosed on September 2 2026, to close in the first half of 2027.
- Hugging Face hosts a community of over 18 million developers and more than 200,000 companies using its Hub for models and datasets.
- Nvidia aims to extend its software ecosystem beyond GPUs by owning the open‑model platform, countering rivals developing their own AI chips.

## Why it matters

The deal gives Nvidia a foothold in the open‑source AI ecosystem, expanding its reach beyond hardware and helping it stay ahead of competitors building their own AI chips.

## Sources

1. [What Is Hugging Face, Nvidia's Latest Acquisition?](https://finance.yahoo.com/technology/ai/articles/hugging-face-nvidias-latest-acquisition-031700084.html) (finance.yahoo.com, 2026-09-17)

Part of the developing story: [Nvidia's AI Surge and Cloud Partnerships](https://digestai.news/thread/nvidia-s-70-revenue-growth-outlook-explained-by-jensen-huang) (3 stories)

## Cite

Digest AI, "Nvidia to acquire Hugging Face for $12.9 billion", 17 September 2026, https://digestai.news/story/nvidia-to-acquire-hugging-face-for-12-9-billion

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