Acquiring Company
Nvidia
Acquired Company
Hugging Face
Santa Clara
ParisInformation TechnologyInformation TechnologySoftwareArtificial IntelligenceArtificial IntelligenceMachine LearningMachine LearningInformation TechnologyDescription
On September 2, 2026, NVIDIA Corporation entered into a definitive agreement to acquire Hugging Face, Inc. The acquisition, valued at approximately $11.9 billion, aims to enhance Hugging Face's resources and support for developers in AI. The deal also includes an equity-based retention program for Hugging Face employees. The transaction is expected to close in the first half of 2027, pending regulatory approvals.
Who to call at Nvidia, and when
When Nvidia changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nvidia raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nvidia, from your own LinkedIn network
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Frequently asked
Who acquired Hugging Face?
Hugging Face was acquired by Nvidia, based in Santa Clara. The deal was reported on September 3, 2026. Nvidia is a heavyweight chipmaker that specializes in developing accelerated computing components for data centers, with a focus on AI technology. Nvidia is publicly traded (NVDA) and operates in Information Technology.
When did Nvidia acquire Hugging Face?
Nvidia's acquisition of Hugging Face was reported on September 3, 2026. On September 2, 2026, NVIDIA Corporation entered into a definitive agreement to acquire Hugging Face, Inc. The acquisition, valued at approximately $11.9 billion, aims to enhance Hugging Face's resources and support for developers in AI. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hugging Face do?
The AI community building the future. It is privately held, operating in Information Technology, and is based in Paris.
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