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News/Deals · NVDA

Nvidia agrees to buy Hugging Face for almost $13 billion

Almost $13 billion is the agreed price for Hugging Face, a purchase that extends Nvidia from its chipmaking base further up the AI stack. Chief Executive Jensen Huang said the deal will expand access to AI for developers and institutions…

By Sabrina Volkov·Sep 3, 2026·1 min read·deals·NVDA

Key takeaways

  • Nvidia has agreed to buy Hugging Face for almost $13 billion.
  • The acquisition extends Nvidia beyond its chipmaking hardware base further up the AI stack, closer to where developers and institutions access AI directly.
  • CEO Jensen Huang said the deal will expand access to AI for developers and institutions worldwide.
  • The nearly $13 billion price is the only disclosed headline term, with no operating metrics, run-rate, or integration timeline provided.

Almost $13 billion is the agreed price for Hugging Face, a purchase that extends Nvidia from its chipmaking base further up the AI stack. Chief Executive Jensen Huang said the deal will expand access to AI for developers and institutions worldwide.

The transaction marks a stack-level shift for Nvidia. As a chipmaker, the company's AI position has been at the hardware layer. Hugging Face carries Nvidia above that layer, closer to where developers and institutions access AI directly. Huang's stated aim is broad access: the combined company, he said, widens that path globally.

The nearly $13 billion figure is the disclosed headline term. No operating metrics, run-rate, or integration timeline accompanied Huang's statement.

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Source: cnbc.com
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Frequently asked

How much is Nvidia paying for Hugging Face?

Nvidia agreed to a price of almost $13 billion for Hugging Face.

Why is Nvidia acquiring Hugging Face?

The deal moves Nvidia up the AI stack from its hardware base, and CEO Jensen Huang said it will expand access to AI for developers and institutions worldwide.

What does the acquisition mean for Nvidia's position in AI?

It marks a stack-level shift, carrying Nvidia above the hardware layer to where developers and institutions access AI directly.

Were financial details or a timeline disclosed?

No; the nearly $13 billion figure was the only disclosed term, with no operating metrics, run-rate, or integration timeline accompanying Huang's statement.