Nvidia to Acquire Hugging Face for $12.9 Billion

2026-09-04

Nvidia has announced plans to acquire Hugging Face, a prominent platform for open artificial intelligence models, for approximately $12.9 billion. The acquisition secures Nvidia's access to a significant hub used by millions of developers and companies.

Source: The Decoder

Reported by VERA Newswire.

More from September 2026 in The Record.