Acquiring Company
Nvidia
Acquired Company
Hugging Face
Santa Clara
ParisInformation TechnologyInformation TechnologySoftwareArtificial IntelligenceArtificial IntelligenceMachine LearningMachine LearningInformation TechnologyDescription
Nvidia is acquiring Hugging Face for $12.93 billion, marking its largest acquisition to date. This deal allows Nvidia to gain control over a major platform for AI model distribution. Hugging Face is expected to remain an open platform despite the acquisition, fostering a neutral environment for developers. The strategic move aims to enhance Nvidia's influence in the AI sector while expanding access to AI technologies.
Don't miss Nvidia's next move
Get an email the moment Nvidia makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Hugging Face?
Hugging Face was acquired by Nvidia, based in Santa Clara. The deal was reported on September 4, 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 4, 2026. Nvidia is acquiring Hugging Face for $12.93 billion, marking its largest acquisition to date. This deal allows Nvidia to gain control over a major platform for AI model distribution. 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.