NVIDIA acquired Hugging Face for $12.93 billion

The claims are supported by the TechCrunch report, but not by a primary source.

TechCrunch reported that NVIDIA acquired Hugging Face for $12.93 billion. TechCrunch said Hugging Face will remain an open platform.

According to statements from Jensen Huang cited by TechCrunch, developers will be able to choose models and frameworks. They will also be able to choose clouds, inference providers and computing platforms.

Developing or deploying through Hugging Face will not require using NVIDIA computing capacity. NVIDIA also said it will continue to support Hugging Face open-source and open-weight models.

Claim check:

• TechCrunch reports that NVIDIA acquired Hugging Face for $12.93 billion. (confirmed only by the carrying publication: evidence; «After weeks of swirling rumors , Nvidia confirmed today that it has acquired Hugging Face for $12.93 billion.»)
• According to TechCrunch, the Hugging Face platform contains 3 million models, 1 million applications and 500,000 datasets, and more than 18 million developers use it. (confirmed only by the carrying publication: evidence; «Hugging Face’s platform hosts three million models, one million applications used by over 18 million developers, and half a million datasets.»)
• According to statements from Jensen Huang cited by TechCrunch, Hugging Face will remain an open platform, and developers will be able to choose models, frameworks, clouds, inference providers and computing platforms. (confirmed only by the carrying publication: evidence; «Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want. Nvidia compute will not be required to build on or deploy through Hugging Face,»)
• According to statements from Jensen Huang cited by TechCrunch, developing or deploying through Hugging Face will not require using NVIDIA computing capacity. (confirmed only by the carrying publication: evidence; «Nvidia compute will not be required to build on or deploy through Hugging Face,»)
• TechCrunch reports that NVIDIA said it will continue to support Hugging Face open-source and open-weight models. (confirmed only by the carrying publication: evidence; «In a blog post, Nvidia’s CEO Jensen Huang said that Hugging Face will continue to support open source and open-weight models and will work on expanding developer access.»)

Publications:

• https://nytimes.com/2026/09/03/technology/nvidia-hugging-face.html
• https://wired.com/story/nvidias-hugging-face-acquisition-is-a-dollar129-billion-bet-on-open-source-ai
• https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion
• https://arstechnica.com/ai/2026/09/nvidia-buys-hugging-face-the-github-of-ai-for-13-billion
• https://thenewstack.io/nvidia-acquires-hugging-face
• https://cnbc.com/2026/09/03/nvidia-agrees-to-buy-hugging-face-for-almost-13-billion-ai-expansion.html
• https://reddit.com/r/artificial/comments/1w66hbd/nvidia_buys_hugging_face_for_129b_end_of_neutral
• https://news.ycombinator.com/item?id=49557813

Primary sources:

• https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face

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