Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

Nvidia to acquire Hugging Face for $12.9 billion

PUBLIC · NVDAAug 28, 2026•12 days ago

Acquiring Company

Nvidia Corporation

Acquired Company

Hugging Face

Santa ClaraParisInformation TechnologyInformation TechnologySoftwareArtificial IntelligenceArtificial IntelligenceMachine LearningMachine LearningInformation Technology

Description

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.

Company Information

Company

Nvidia Corporation

Location

Santa Clara, California, United States

About

Nvidia Corporation is a global technology company primarily known for its graphics processing units (GPUs) for gaming and professional markets. The company has also diversified into AI and deep learning technologies, pushing advancements in artificial intelligence. Nvidia's products and solutions are widely used across various sectors including gaming, automotive, and data center. It is recognized as a leader in the field of AI computing.

Don't miss Nvidia Corporation's next move

Get an email the moment Nvidia Corporation makes an acquisition, hires an exec, or expands, usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Jensen
Senior decision-maker at this company
••••••••@••••••••

See Jensen's verified email →

Predictive Intelligence
Strategic

ML-powered predictions for Nvidia Corporation's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Hugging Face?

Hugging Face was acquired by Nvidia Corporation, based in Santa Clara. The deal was reported on August 28, 2026. Nvidia Corporation is a global technology company primarily known for its graphics processing units (GPUs) for gaming and professional markets. Nvidia Corporation is publicly traded (NVDA) and operates in Information Technology.

When did Nvidia Corporation acquire Hugging Face?

Nvidia Corporation'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.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

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 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.