Archive · 2 Sep 2026
NVIDIA Reportedly Agrees to Buy Hugging Face for $12.9 Billion
NVIDIA is reportedly considering buying Hugging Face, a website where people share and test AI models.
The reported price is about $12.9 billion.
However, the companies had not signed an agreement or confirmed the deal.
Hugging Face contains more than three million models and over one million datasets.
Many different AI laboratories use the platform, including companies that compete with one another.
Some people worry that the platform would no longer seem neutral if it belonged to NVIDIA.
Others think NVIDIA could provide the money needed to keep the service open and reliable.
The deal would also show that controlling where AI models are shared may be very valuable.
The report does not mean the purchase will definitely happen.
The Information reported that NVIDIA had agreed to acquire Hugging Face for approximately $12.9 billion.
No signed agreement had been reached, and neither company had publicly confirmed the reported deal.
Hugging Face hosts more than three million AI models and over one million datasets.
The acquisition would be NVIDIA’s largest by a wide margin, exceeding its $6.9 billion Mellanox purchase.
Critics say NVIDIA ownership could undermine Hugging Face’s neutrality, while supporters argue its capital could strengthen open-weight AI infrastructure.
- Who
- NVIDIA and Hugging Face are the companies involved in the reported acquisition.
- What
- NVIDIA reportedly agreed to acquire Hugging Face for approximately $12.9 billion, although no signed deal or public confirmation had been reported.
- When
- The Information reported the talks on August 27.
- Where
- The reported transaction concerns Hugging Face’s online platform for publishing, downloading, and evaluating AI models and datasets.
- Why
- The reported strategic rationale is NVIDIA’s interest in open-weight AI and in controlling an important distribution layer for models; supporters also say NVIDIA could fund the platform’s continued operation.
Case for the Acquisition
Concerns About the Acquisition
Funding open AI infrastructure
Case for the Acquisition
NVIDIA’s financial resources could reduce pressure on Hugging Face to adopt a business model that might weaken its openness.
Concerns About the Acquisition
An acquisition could create pressure to change the platform or compromise the openness that makes it valuable.
Strategic alignment
Case for the Acquisition
NVIDIA has a stated strategic interest in open-weight models because they can counter hyperscalers’ closed models and custom chips.
Concerns About the Acquisition
NVIDIA is a major chip supplier and is developing interests above the hardware layer, so its ownership could make the platform appear commercially aligned.
Neutrality and user trust
Case for the Acquisition
Hugging Face could continue serving laboratories and independent developers under an owner with substantial resources.
Concerns About the Acquisition
Rival laboratories may reduce their dependence on Hugging Face if they view it as a competitor’s warehouse rather than neutral ground.
- Reported buyer
- NVIDIA
- Reported target
- Hugging Face
- Reported price
- Approximately $12.9 billion; other reports placed the valuation above $13 billion.
- Deal status
- No signed agreement had been reached, and neither company had publicly confirmed the acquisition.
- Platform scale
- More than three million AI models and over one million datasets.
- Prior valuation
- Hugging Face was last valued at $4.5 billion in 2023.
- NVIDIA’s largest prior acquisition
- The $6.9 billion purchase of Mellanox in 2020.