Nvidia Acquires Hugging Face for $12.93 Billion

Nvidia confirmed acquiring Hugging Face for $12.93 billion on September 3, 2026. The platform hosts three million models, one million applications, half a million datasets, and 18 million developers — the de facto distribution layer for open ML. Jensen Huang pledged Hugging Face will remain vendor-neutral, though Nvidia now controls both dominant AI hardware and the primary open-model repository.