Nvidia Agrees to Acquire Hugging Face for $12.93 Billion

In Crypto Regulations
September 04, 2026

Nvidia Agrees to Acquire Hugging Face for $12.93 Billion

Nvidia has agreed to acquire the AI developer platform Hugging Face for $12.93 billion, as announced by the company’s CEO, Jensen Huang.

The deal amount was disclosed in a separate press release. According to the statement, Hugging Face will remain an open platform post-acquisition.

The company emphasized that developers will not be forced to use Nvidia’s infrastructure.

“Users will be able to choose the models, frameworks, cloud services, and service providers they need, as well as computing platforms. Using Nvidia’s computing resources will not be required to create or deploy applications through Hugging Face,” the announcement stated.

The AI platform will continue to support models from various developers, including open weights.

Nvidia believes that the corporation’s infrastructure and engineering resources will enhance the platform’s reliability and security, as well as improve model evaluation, inference, and deployment.

According to the company, Hugging Face is used by over 18 million developers, researchers, and creators. The platform hosts more than 3 million models, 500,000 datasets, and 1 million applications. Over 200,000 companies use the service for AI search, evaluation, customization, and deployment.

Nvidia noted its long-standing investment in AI and related platforms. The company described itself as “the largest provider of open models and data for Hugging Face,” having published over 500 models and 250 datasets under its brand.

Earlier, in August, Nvidia expanded its partnership with Amazon Web Services. The companies will deploy an additional two million graphics processors in AWS’s cloud infrastructure in 2027–2028.

Avatar photo
/ Published posts: 1025

Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.