Jensen HuangClément DelangueNvidia CorporationHugging FaceGroq

Nvidia agrees to buy Hugging Face for about $13 billion; CEO Jensen Huang says platform will remain open for the AI ecosystem

Nvidia has agreed to acquire AI startup Hugging Face for approximately $13 billion, with CEO Jensen Huang affirming that the platform will remain open to support the broader AI ecosystem. This marks Nvidia's second-largest acquisition, following its $20 billion purchase of Groq assets last year.

Bloomberg.com Bloomberg.com+1 source3 September 2026 · 12:43 UTC
CuriousCats Full Story

Nvidia's acquisition of Hugging Face, valued at $13 billion, is a strategic move to enhance its AI capabilities. CEO Jensen Huang emphasized that the platform will remain open, fostering innovation across the AI ecosystem.12

Hugging Face CEO Clément Delangue revealed that discussions began over the summer, as he recognized the need for more resources and visibility in open-source AI.56

"During the summer, I think we realized that Hugging Face and open source AI in general was at the turning point, and that it needed more, more resources, more scale, more visibility," Delangue stated.

Huang expressed his honor at being approached by Delangue, stating, "I am honored that Clem came to me as he considered the next chapter of Hugging Face and believed NVIDIA would be a great home for the company, its community and the future of open models."

This acquisition is Nvidia's second-largest, following its $20 billion purchase of Groq assets in December, highlighting the company's commitment to expanding its influence in the AI sector.

The deal is expected to enhance access to AI technologies for developers and institutions globally, as Nvidia aims to leverage Hugging Face's open-source platform to drive innovation.

As the AI landscape evolves, Nvidia's strategic investment in Hugging Face positions it at the forefront of the industry, ensuring that open-source practices remain integral to its operations.

Key Insight
“Hugging Face CEO Clément Delangue said he approached Nvidia over the summer, calling it "a perfect home" and noting discussions moved quickly. The acquisition is Nvidia's second-biggest, following its $20 billion purchase of Groq assets in December.”
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“has agreed to acquire artificial intelligence startup in a transaction valued at about $13 billion.”
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“Nvidia agreed to buy Hugging Face, an open-source AI platform, for $12.9 billion.”
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