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Nvidia confirms it will buy Hugging Face for $12.9 billion

AnnouncementFundingSep 3, 2026

Nvidia has acquired Hugging Face for $12.93 billion, the company confirmed. CEO Jensen Huang said the platform will stay open, with developers free to choose their own models, frameworks, clouds, and compute providers. Hugging Face hosts millions of models, apps, and datasets serving over 18 million developers. The startup, founded in 2016, had raised more than $395 million previously, including a 2023 round led by Salesforce Ventures.

Receipt № 17193 sources · independently confirmed ✓

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3sources· 2 independent confirmations

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Citation chain · 3 sources

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Hugging FaceCompanyNvidiaCompanyJensen HuangPerson
Canonical: https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion/