Nvidia Buys Hugging Face for $12.93 Billion

Nvidia acquired Hugging Face for $12.93 billion on September 3, 2026. The platform hosts three million models, one million apps, half a million datasets, and 18 million developers — the default distribution layer for open machine learning. Jensen Huang pledged vendor neutrality, though Nvidia now controls both dominant AI hardware and the primary open-model repository.