Nvidia confirms $12.9B acquisition of AI hosting platform Hugging Face
SiliconAngle AI Maria Deutscher September 3, 2026
AI Summary— plain English for professionals
# Nvidia Buys Hugging Face for $12.9 Billion Nvidia, the computer chip company behind most AI systems, is purchasing Hugging Face, a platform where AI developers share and build AI models. This massive deal signals that Nvidia wants to control more of the AI pipeline—from the chips that power AI to the software tools that create it.
Nvidia Corp. today confirmed that it has agreed to buy Hugging Face Inc. for just over $12.93 billion. CNBC reported that the acquisition talks began a few weeks ago. Rumors that a deal was in the works surfaced last Monday, when sources tipped off Business Insider about the discussions. Two days la
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