Q&A with Jensen Huang and Clément Delangue on the Nvidia-Hugging Face deal, scaling open-source models, the rumored $1B talent retention plan, and more (CNBC)
Following is the unofficial transcript of a CNBC exclusive interview with Nvidia Founder & CEO Jensen Huang …
Nvidia has agreed to acquire Hugging Face, a popular online platform for developers and researchers to find, share, and test AI models and tools, in a deal valued at $12.93 billion. According to SiliconANGLE, Hugging Face will retain its brand, leadership, and neutrality, with Nvidia's compute not being required to build on or deploy through the platform.
The platform hosts over 3 million models, 500,000 datasets, and 1 million applications, used by more than 18 million developers and researchers and over 200,000 companies.
The acquisition brings one of the world's largest AI developer communities into Nvidia and gives it control of a leading open-source platform, an alternative to systems offered by OpenAI and Anthropic. MyJoyOnline Ghana and Joy Business reported that Nvidia is best known for making advanced chips used to train and run AI systems, and demand for those chips has surged as companies race to build AI products. The companies already work together to help developers use Nvidia's computing services through the platform.
Nvidia said Hugging Face would remain open to developers and that users would not be required to use its chips or services. According to Nasdaq Markets, the deal was agreed on September 3, 2026. The acquisition is one of Nvidia's biggest, and it expands the company's presence in software.
Brief written by urgent.news from Techmeme, SiliconANGLE, Nasdaq Markets, MyJoyOnline Ghana, Joy Business — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.