Nvidia acquires Hugging Face

SEPTEMBER 3, 2026

Nvidia acquires Hugging Face

TARGET

Open-source AI model hub and developer platform hosting 3 million models, 500,000 datasets, and 1 million applications used by 18 million developers and researchers.

Revenue	~$150M (annualized)
Ownership	VC-backed
Investors	Salesforce Ventures, Google, Amazon, Nvidia, Intel +5 more
Capital raised	~$395M
Headcount	250 FTEs
Headquarters	New York, New York
Sell-side advisor	—

ACQUIRER

Nvidia

Designer of GPUs and AI computing platforms for data centers, gaming, and professional visualization.

Deal value	$12.93B purchase price
Ownership	Publicly traded (NASDAQ: NVDA)
Headquarters	Santa Clara, California
Buy-side advisor	—

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Nvidia -> Hugging Face  (2026-09-04)
strategic_acquisition | DevTools/Infrastructure | $12.93B purchase price | announced
Target: Open-source AI model hub and developer platform hosting 3 million models, 500,000 datasets, and 1 million applications used by 18 million developers and researchers.
Website: huggingface.co | Buyer site: nvidia.com
HQ: New York, New York | Ownership: vc-backed | Buyer ownership: public (NASDAQ: NVDA)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/nvidia-hugging-face.html

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