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Nvidia acquires Hugging Face for $13 billion

PUBLIC · NVDASep 28, 2026

Acquiring Company

Nvidia

Acquired Company

Hugging Face

Santa ClaraParisInformation TechnologyInformation TechnologySoftwareArtificial IntelligenceArtificial IntelligenceMachine LearningMachine LearningInformation Technology

Description

Nvidia has announced its $13 billion acquisition of Hugging Face, a leading open-source AI platform, following a competitive bidding war. This acquisition comes as tech giants vie for control over AI development infrastructures. Hugging Face's extensive model repository and developer community will significantly enhance Nvidia's software ecosystem, addressing its need for software capabilities in AI.

Company Information

Company

Nvidia

Location

Santa Clara, California, United States

About

Nvidia is a heavyweight chipmaker that specializes in developing accelerated computing components for data centers, with a focus on AI technology. The company is known for its flagship AI processors and is a major player in the AI industry.

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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 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 September 28, 2026. Nvidia has announced its $13 billion acquisition of Hugging Face, a leading open-source AI platform, following a competitive bidding war. This acquisition comes as tech giants vie for control over AI development infrastructures. 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.