Nvidia Buys Hugging Face in a US$12.93 Billion Deal
Nvidia signed a deal to buy Hugging Face for US$12.93 billion, putting the home of open AI models in the hands of the chipmaker that trains them. The post Nvidia Buys Hugging Face in a US$12.93 Billion Deal appeared first on The Rio Times .
Nvidia has bought Hugging Face, an open-source AI platform, for US$12.93 billion. The deal, announced on September 3, 2026, keeps Hugging Face open for developers. Nvidia, the leading maker of AI chips, aims to stay central to AI development by owning this key hub. The purchase price includes up to US$1 billion in equity-based retention for employees joining Nvidia.
Hugging Face hosts open-source AI models and datasets, enabling developers to build AI applications without starting from scratch. Nvidia sees support for open AI models as a driver of future demand. The deal still requires regulatory approval before completion in the first half of 2027. Hugging Face serves over 18 million developers, hosting more than 3 million models and 500,000 datasets.
The platform is crucial for the open-source AI ecosystem, similar to GitHub for code. Nvidia's acquisition of Hugging Face expands its reach into software and platforms, strengthening its position across the AI stack.
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