{"id":216433,"date":"2026-09-05T16:55:59","date_gmt":"2026-09-05T16:55:59","guid":{"rendered":"https:\/\/www.europesays.com\/people\/216433\/"},"modified":"2026-09-05T16:55:59","modified_gmt":"2026-09-05T16:55:59","slug":"nvidia-buys-hugging-face-for-12-9-billion-in-major-ai-acquisition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/216433\/","title":{"rendered":"Nvidia Buys Hugging Face for $12.9 Billion in Major AI Acquisition"},"content":{"rendered":"<p>Nvidia has confirmed that it&#8217;s buying Hugging Face for almost $13 billion, giving the chipmaker a foothold in the open-model ecosystem.<\/p>\n<p>Nvidia CEO Jensen Huang wrote <a target=\"_blank\" class=\"\" href=\"https:\/\/blogs.nvidia.com\/blog\/nvidia-to-acquire-hugging-face\/\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow noopener\">in a Thursday blog post<\/a> that his company had agreed to acquire Hugging Face for $12,930,300,000, confirming <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/nvidia-in-talks-to-buy-hugging-face-13-billion-dollars-2026-8\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Business Insider&#8217;s previous report<\/a> that the two were in talks for a deal.<\/p>\n<p>&#8220;Together, we will scale Hugging Face&#8217;s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,&#8221; Huang wrote.<\/p>\n<p>Hugging Face, a platform for sharing and building with open-source AI models, will benefit from more compute and support from Nvidia, Hugging Face CEO Clem Delangue said <a target=\"_blank\" class=\"\" href=\"https:\/\/x.com\/ClementDelangue\/status\/2095482998674112733\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow\">in an X post<\/a>.<\/p>\n<p>The acquisition is one of Nvidia&#8217;s largest ever and could help propel the chip giant further into open-source AI, a type of software in which the underlying code or model weights are publicly available for others to inspect, modify, and build on.<\/p>\n<p>As companies such as Anthropic and OpenAI continue to dominate the market for closed models, investing in an open-source ecosystem\u00a0could prevent <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/hugging-face-nvidia-deal-reshape-ai-landscape-2026-8\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">Nvidia from being squeezed out<\/a>.<\/p>\n<p>&#8220;As the opportunity for open models accelerates, Hugging Face can serve the global AI community at unprecedented scale,&#8221; Huang wrote in the Thursday blog post.<\/p>\n<p>The companies said Hugging Face would remain an open platform and compute-agnostic.<\/p>\n<p>In July, OpenAI said its AI agents broke out of containment and <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/smart-people-react-openai-hugging-face-hacking-cybersecurity-incident-2026-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">hacked Hugging Face<\/a>, raising concerns about the risks posed by rogue AI. Speaking on CNBC on Thursday, Delangue said that the moment was a &#8220;turning point&#8221; as the company turned to <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/hugging-face-hack-openai-rogue-ai-china-cybersecurity-2026-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">open models to defend itself<\/a>.<\/p>\n<p>                                  Want more Business Insider in your news feed?<\/p>\n<p class=\"preferred-sources-module-desc body-xs\">\n                                    Add BI in Google so our reporting is easier to find when you\u2019re searching for what matters.\n                                  <\/p>\n<p>In July, Nvidia joined a host of tech companies in signing a letter urging US policymakers to <a target=\"_self\" class=\"\" href=\"https:\/\/www.businessinsider.com\/microsoft-nvidia-meta-palantir-jensen-huang-open-source-ai-letter-2026-7\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel=\"nofollow noopener\">support open-source AI<\/a>.<\/p>\n<p>Hugging Face had been fielding wider M&amp;A interest for a deal that could value it at $13 billion or more, <a target=\"_self\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.businessinsider.com\/hugging-face-could-be-acquired-13-billion-2026-8\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\">Business Insider reported in August.<\/a> When asked on CNBC who else was interested in acquiring Hugging Face, Huang said: &#8220;It doesn&#8217;t matter who the other bidders were; it only matters who wins.&#8221;<\/p>\n<p>The deal includes a $11.9 billion purchase price payable to Hugging Face stockholders and an equity retention plan of up to about $1 billion for Hugging Face employees joining Nvidia, according to a filing with the Securities and Exchange Commission.<\/p>\n","protected":false},"excerpt":{"rendered":"Nvidia has confirmed that it&#8217;s buying Hugging Face for almost $13 billion, giving the chipmaker a foothold in&hellip;\n","protected":false},"author":2,"featured_media":216434,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[149],"tags":[96861,830,78262,3160,1020,2314,2209,74558,51196,574,10310,575,91588,613,3904,96860],"class_list":["post-216433","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jensen-huang","tag-big-acquisition","tag-business-insider","tag-closed-model","tag-cnbc","tag-company","tag-deal","tag-huang","tag-hugging-face","tag-institution","tag-jensen-huang","tag-july","tag-nvidia","tag-open-source-ai-model","tag-openai","tag-platform","tag-thursday-blog-post"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/117219491124429681","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/216433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=216433"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/216433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/216434"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=216433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=216433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=216433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}