← Front page

The Vergecast · Thursday, September 3, 2026

Nvidia Acquires Hugging Face for $13 Billion

Nvidia has announced its acquisition of the AI repository platform Hugging Face for nearly $13 billion. The company stated that Hugging Face will remain an open platform for its entire ecosystem, with no requirement for Nvidia Compute to build or deploy through the platform. This acquisition comes after Hugging Face previously rejected a $500 million investment from Nvidia last year.

tickerNVDAcompanyNvidiacompanyHugging Face

The tape

3 quotes
Nvidia has announced it's acquiring AI repository platform Hugging Face for nearly $13 billion.
David Immel
Nvidia says it will keep Hugging Face an open platform for the entire ecosystem. And then Nvidia Compute will not be required to build or deploy through the platform.
David Immel
The last evaluation of the company valued it at $4.5 billion. And the company previously rejected a $500 million investment from Nvidia last year that would have valued it at $7 billion.
David Immel
Heard on The Vergecast — “Apple Home rumors, ranked, published Thursday, September 3, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05
Nvidia Acquires Hugging Face for $13 Billion — Heardvine