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● TRACKER Updated 11d ago · 11 sources tracked

Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face

Nvidia has confirmed the acquisition of Hugging Face, an open-weight AI platform, for a price cited between $12.9 billion and $13 billion. The deal aims to strengthen Nvidia's position in the open-source AI ecosystem and broaden its dominance in the field. According to the Hugging Face CEO, the startup approached Nvidia CEO Jensen Huang regarding the acquisition several weeks ago. This move allows Nvidia to support developers who customize models and seek lower deployment costs compared to proprietary AI alternatives.

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  • ✓ Nvidia is acquiring Hugging Face for approximately $13 billion.
  • ✓ Hugging Face is an open-weight AI platform.
  • ✓ Nvidia intends to use the deal to expand its influence in the open-source AI ecosystem.
🛡️ Source Corroboration: 11 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

The Hugging Face CEO revealed to CNBC that the startup initiated acquisition talks with Jensen Huang weeks ago.

Live updates

  1. Nvidia acquires open-weight AI platform Hugging Face for approximately $13 billion

    Nvidia has confirmed the acquisition of Hugging Face, an open-weight AI platform, for a price cited between $12.9 billion and $13 billion. The deal aims to strengthen Nvidia's position in the open-source AI ecosystem and broaden its dominance in the field. According to the Hugging Face CEO, the startup approached Nvidia CEO Jensen Huang regarding the acquisition several weeks ago. This move allows Nvidia to support developers who customize models and seek lower deployment costs compared to proprietary AI alternatives.

    Why it matters

    Hugging Face serves as a central hub for open-source AI models. This acquisition represents one of Nvidia's largest deals to date. It shifts Nvidia's strategy toward open-weight models to compete with proprietary AI systems.

    What is confirmed

    • Nvidia is acquiring Hugging Face for approximately $13 billion.
    • Hugging Face is an open-weight AI platform.
    • Nvidia intends to use the deal to expand its influence in the open-source AI ecosystem.

    Still unconfirmed

    • Hugging Face was previously hacked by OpenAI.

    What to watch next

    • Regulatory approval of the acquisition
    • Integration details for Hugging Face into Nvidia's hardware ecosystem
    Sources used for this update (12)
    1. CNBC — Hugging Face approached Nvidia's Huang about an acquisition weeks ago, CEO tells CNBC
    2. The New York Times — Nvidia Extends A.I. Spending Spree With $12.9 Billion Deal for Hugging Face
    3. reuters.com — Nvidia to buy Hugging Face for $13 billion in big bet on open AI models
    4. Yahoo Finance — Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face
    5. CNN — Nvidia inks $13 billion deal to buy the AI startup that was hacked by OpenAI
    6. USA Today — Nvidia bets on open source models, acquiring AI startup HuggingFace
    7. Morningstar — Nvidia: Hugging Face Acquisition Both a Wise Offensive and Defensive Move
    8. Axios — Nvidia aims to broaden its AI dominance with Hugging Face deal
    9. www.ibtimes.com.au — Nvidia Confirms $13 Billion Deal To Acquire Open-Weight AI Platform Hugging Face Amid Open-Source AI Push
    10. CNBC — CCTV Script 04/09/26
    11. Business Insider — There's an Easter egg hiding inside the $12.9303 billion price tag of the Nvidia-Hugging Face deal
    12. finance.yahoo.com — NVIDIA (NVDA)’s Hugging Face Deal Tests the Next Phase of its AI Strategy
    confidence 95%
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