Sourced evidence

NVIDIA to acquire Hugging Face for $12.93 billion

NVIDIA announced a definitive agreement on September 3, 2026 to acquire Hugging Face for approximately $12.93 billion, its largest acquisition on record, extending its reach beyond chips into AI model hosting and distribution; the deal is expected to close in H1 2027 subject to regulatory approval.

Type
Company filing or release
Published
September 3, 2026
Confidence
92/100
Filed under
NVIDIA

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InsightNodes, "NVIDIA to acquire Hugging Face for $12.93 billion" (NVIDIA). Source: NVIDIA (official blog) / Bloomberg / CNBC, September 3, 2026, https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/. https://insightnodes.com/claims/e/nvidia-hugging-face-acquisition-definitive-2026 (accessed October 29, 2026).

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