Nvidia Buys a Major AI Sharing Site for Nearly $13 Billion

Nvidia bought Hugging Face for $12.93 billion on September 3, 2026. Hugging Face is a website where 18 million developers share AI models, apps, and data — the main hub for openly available AI. Nvidia's Jensen Huang promised the site will stay open to all, though Nvidia now owns both the leading AI chips and the largest AI sharing platform.