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Wired

Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI

Thursday, September 3, 2026


Nvidia announced the acquisition of Hugging Face for $12.9 billion. The company, which hosts open-source AI models and datasets, will operate as a subsidiary of Nvidia following the deal's completion.

Original reporting: https://www.wired.com/story/nvidias-hugging-face-acquisition-is-a-dollar129-billion-bet-on-open-source-ai/

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Nvidia confirms it will buy Hugging Face for $12.9 billion