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Nvidia to buy Hugging Face for $12.93 billion and promises to keep it open

Jensen Huang, founder and CEO of Nvidia, announced the agreement to acquire Hugging Face on September 3 on the company's blog.
September 3, 2026
Curated High

What it says

  • The agreed price: $12,930,300,000.
  • Hugging Face brings together more than 18 million developers, researchers, and creators, who share more than 3 million models, 500,000 datasets, and a million applications. It is used by more than 200,000 companies.
  • Huang's commitment: it will remain an open platform for the entire ecosystem and Nvidia hardware will not be required to build or deploy on it.
  • It will maintain support for open models from all developers and deployment across multiple clouds and multiple types of accelerators.

TecWarden summarizes and comments in its own words on third-party publications. The full information belongs to the original source, which we recommend you read.

Our take

Hugging Face is today the neutral infrastructure of open models, and it is passing into the hands of the dominant AI chip supplier. The promise of openness is in writing; what matters is whether it is kept. If your AI strategy relies on open models so as not to depend on anyone, keep your own copy of critical models and data and do not assume the repository will always be neutral.

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