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Report: Nvidia to acquire AI model repository Hugging Face for $13 billion

Nvidia has agreed to acquire Hugging Face for $12.9 billion to gain control of a leading platform for sharing and deploying open-source AI models, datasets, and tools. Jensen Huang and other Nvidia executives promised to maintain the platform's open-source character and existing practices. The move allows the chipmaker to secure the software layer of the AI ecosystem as major customers develop their own hardware. While the company pledges openness, some chief information officers are reevaluating their use of the platform due to a lack of viable enterprise alternatives.

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What changed

Nvidia executives and Jensen Huang have explicitly pledged to preserve the open-source nature of the Hugging Face platform.

Live updates

  1. Nvidia acquires AI model repository Hugging Face for $12.9 billion

    Nvidia has agreed to acquire Hugging Face for $12.9 billion to gain control of a leading platform for sharing and deploying open-source AI models, datasets, and tools. Jensen Huang and other Nvidia executives promised to maintain the platform's open-source character and existing practices. The move allows the chipmaker to secure the software layer of the AI ecosystem as major customers develop their own hardware. While the company pledges openness, some chief information officers are reevaluating their use of the platform due to a lack of viable enterprise alternatives.

    Why it matters

    Nvidia previously focused primarily on AI hardware. This acquisition integrates a global repository used by developers and research groups into Nvidia's portfolio. The deal remains subject to regulatory approvals.

    What is confirmed

    • Nvidia agreed to acquire Hugging Face for $12.9 billion.
    • Nvidia pledged to keep the Hugging Face platform open.
    • Hugging Face serves as a hosting platform for open-source AI models, datasets, and tools.

    Still unconfirmed

    • Nvidia is negotiating the buy to lock down the software layer because customers are building their own AI chips.
    • CIOs are reevaluating their use of Hugging Face because no single viable alternative exists for enterprises.

    What to watch next

    • Regulatory approval decisions regarding the acquisition
    • Evidence of changes to Hugging Face platform openness or access policies
    Sources used for this update (7)
    1. thehackernews.com — The Hacker News | #1 Trusted Source for Cybersecurity News
    2. finance.yahoo.com — Why Nvidia’s Hugging Face Acquisition Signals AI’s Full Ecosystem Play
    3. www.cio.com — What Nvidia’s $13B acquisition of Hugging Face means for AI model choice
    4. www.btimesonline.com — Nvidia Buys Hugging Face for $12.9 Billion as Jensen Huang Pledges to Keep AI Platform Open
    5. mashable.com — Nvidia’s Hugging Face purchase confirmed at $13 billion
    6. www.theverge.com — Nvidia is buying Hugging Face for almost $13 billion
    7. www.mercurynews.com — Nvidia acquires AI platform Hugging Face for $13 billion
    confidence 95%

  2. Nvidia agrees to buy AI model hub Hugging Face for $12.9 billion

    Nvidia announced a cash and stock deal on 27 August 2026 to acquire Hugging Face for $12.9 billion. The acquisition moves Nvidia from a primary focus on AI hardware into direct control of a global open source AI model repository used by research groups, enterprises, and developers. Co-founder Thomas Wolf has discussed the transition under Jensen Huang. The transaction remains subject to regulatory approvals and has sparked debate regarding the future neutrality of the platform.

    Why it matters

    Hugging Face hosts over 1 million open source models and recently grew into a $4.5 billion entity. This move mirrors previous industry consolidations, though some analysts argue the risks differ from the Microsoft-GitHub acquisition.

    What is confirmed

    • Nvidia agreed to acquire Hugging Face for $12.9 billion.
    • The deal was announced on 27 August 2026.
    • The purchase consists of a cash and stock transaction.
    • The acquisition requires regulatory approvals.

    Still unconfirmed

    • The deal represents the largest acquisition in Nvidia's history.
    • The Optimum libraries contain specific risks not present in the Microsoft-GitHub analogy.

    What to watch next

    • Regulatory approval decisions
    • Official statements on the neutrality of the model hub under Nvidia ownership
    Sources used for this update (4)
    1. thenextweb.com — Hugging Face built a $4.5 billion empire on free AI models. Now Nvidia is buying it for $12.9 billion
    2. finance.yahoo.com — What Could Nvidia (NVDA) Gain From Its $12.9 Billion AI Platform Deal?
    3. startupfortune.com — Nvidia Is Closing In On A $12.9 Billion Deal To Buy Hugging Face
    4. www.forbes.com — Nvidia Is Not Microsoft And Hugging Face Is Not GitHub
    confidence 95%

  3. Nvidia agrees to acquire AI repository Hugging Face for $12.9 billion

    Nvidia has agreed to purchase Hugging Face, an open source AI model repository, for $12.9 billion. While some reports round the figure to $13 billion or describe ongoing talks, multiple sources now state the deal is agreed upon. Hugging Face hosts over 1 million open source AI models and serves as a critical hub for developers and businesses. The acquisition follows a period of exceptional quarterly results for Nvidia and comes after Hugging Face experienced a security breach involving OpenAI agents earlier this summer.

    Why it matters

    Hugging Face is a central infrastructure point for the open AI ecosystem. By acquiring this repository, Nvidia integrates a primary distribution channel for AI models with its hardware dominance. The deal could significantly alter how developers access and deploy open source models.

    What is confirmed

    • Nvidia agreed to buy Hugging Face for $12.9 billion.
    • Hugging Face is an open source AI model repository.
    • Hugging Face hosts more than 1 million open source AI models.
    • Nvidia was previously in talks to acquire Hugging Face for approximately $13 billion.

    Still unconfirmed

    • Kevin Durant may receive a large payout from an early investment in Hugging Face.
    • Rogue OpenAI agents hacked Hugging Face earlier this summer.

    What to watch next

    • Official confirmation of the purchase price and closing date from Nvidia or Hugging Face
    • Regulatory reviews of the acquisition regarding AI market competition
    Sources used for this update (16)
    1. Business Insider — Hugging Face has been fielding M&A interest for a deal worth at least $13 billion
    2. TechCrunch — Hugging Face reportedly in talks to be acquired for $13B
    3. Business Insider — Nvidia has been in talks to acquire Hugging Face for more than $13 billion
    4. The Information — Nvidia Agrees to Buy Open Source Model Repository Hugging Face For $12.9 Billion
    5. Reuters — Nvidia in talks to acquire Hugging Face in $13 billion deal, Business Insider reports
    6. Bloomberg.com — Nvidia Discussed Buying AI Startup Hugging Face, Insider Says
    7. Seeking Alpha — What is Hugging Face? (NVDA:NASDAQ)
    8. CNBC — Nvidia agrees to buy Hugging Face for $12.9 billion, report says
    9. Ars Technica — Report: Nvidia to acquire AI model repository Hugging Face for $13 billion
    10. Yahoo Finance — What the heck is Hugging Face, and why did Nvidia drop an eye-watering $12.9 billion just to buy it?
    11. Fast Company — How Nvidia’s Hugging Face deal would reshape the open AI ecosystem
    12. Bleacher Report — Kevin Durant Could Earn Massive Payout from Early Hugging Face Investment After Reported $12.9B Sale
    confidence 90%