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Nvidia agrees to buy Hugging Face for almost $13 billion

9/3/2026

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.