Acquiring Company
Nvidia
Acquired Company
Hugging Face
Santa Clara
ParisInformation TechnologyInformation TechnologySoftwareArtificial IntelligenceArtificial IntelligenceMachine LearningMachine LearningInformation TechnologyDescription
Nvidia has agreed to acquire Hugging Face for $12.9 billion, enhancing its position in the AI ecosystem. This deal allows Nvidia to gain control of a vital platform for open-source AI models. The acquisition, a rapid move following Hugging Face's earlier sale exploration, signifies Nvidia's commitment to fostering an open AI development environment.
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Based on deal dataFrequently asked
Who acquired Hugging Face?
Hugging Face was acquired by Nvidia, based in Santa Clara. The deal was reported on August 28, 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 August 28, 2026. Nvidia has agreed to acquire Hugging Face for $12.9 billion, enhancing its position in the AI ecosystem. This deal allows Nvidia to gain control of a vital platform for open-source AI models. 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.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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