Nvidia announced that it has agreed to acquire Hugging Face, a provider of open-source AI models, datasets, and tools, for $12.93 billion.
AcquisitionsNvidiaHugging Faceジェンスン・フアン
Nvidia Agrees to Acquire Hugging Face for Approximately $13 Billion
This article is a translation. Read the Japanese original
Founded in 2016, Hugging Face is an online platform that serves as a hub where AI developers can share projects and data, often described as the GitHub of AI.
Nvidia CEO Jensen Huang stated that the acquisition is intended to expand Hugging Face's platform and strengthen its infrastructure. He further emphasized that Hugging Face will remain an open platform for the entire AI ecosystem and that Nvidia's computing infrastructure will not become a requirement.
Hugging Face's most recent valuation was $4.5 billion during a funding round in 2023. It has been reported that the company rejected a $7 billion investment proposal from Nvidia last year due to concerns over dependence on specific investors.
Meanwhile, recent reports indicate that Hugging Face's annual revenue stands at approximately $150 million, which is said to be only a small fraction of the acquisition price.
Source: Nvidia is buying Hugging Face for almost $13 billion (The Verge AI, 2026-09-03)