---
title: "Nvidia to acquire Hugging Face for $12.9 billion"
url: https://www.parallelquant.com/posts/nvidia-to-acquire-hugging-face-for-12-9-billion-1d3534
source_name: "TechCrunch"
source_url: https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion/
published: 2026-09-03T12:42:45.000Z
topics: ["chips", "open source", "products"]
publisher: "Parallel Quant"
---

# Nvidia to acquire Hugging Face for $12.9 billion

*2026-09-03 · Source: [TechCrunch](https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion/)*

Nvidia has agreed to acquire Hugging Face, the platform hosting over 3 million AI models and used by more than 18 million developers, for $12.93 billion. The deal brings one of the most widely used open-source AI model and dataset hosting platforms under the ownership of the world's largest AI chipmaker.

**Why it matters:** This gives Nvidia direct ownership of the de facto distribution layer for open-source AI models, extending its control over the AI stack beyond chips into the software and community infrastructure that rival chipmakers and open-source developers also depend on. It follows a broader pattern of AI infrastructure giants acquiring the chokepoints the whole industry routes through, raising questions about neutrality for a platform many competitors rely on.

**Topics:** chips, open source, products

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Read the original: https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion/
Canonical: https://www.parallelquant.com/posts/nvidia-to-acquire-hugging-face-for-12-9-billion-1d3534
Published by Parallel Quant — https://www.parallelquant.com