Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC

Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide." Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack [1].

Sources

1. cnbc.com · Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC Sep 3, 2026

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