Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

The deal gives Nvidia control of a leading open-source AI platform and developer community. Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software. Hugging Face, founded in 2016, has become a popular online platform where developers and researchers can find, share and test AI models and tools [1].

Sources

1. bbc.co.uk · Nvidia strikes $12.9bn deal to buy AI platform Hugging Face Sep 3, 2026

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