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Nvidia Acquires Hugging Face for AI Expansion

Updated 2026-09-03 12:10 UTC 1 source Neutral

Nvidia has agreed to acquire Hugging Face for nearly $13 billion, aiming to expand access to artificial intelligence tools globally. The deal is part of Nvidia's strategy to strengthen its position in the AI market.

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CNBC

Nvidia agrees to buy Hugging Face for almost $13 billion, expanding up AI stack

Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."

2026-09-03 12:04 UTC