How much is NVIDIA paying for Hugging Face?

NVIDIA is paying $12.93 billion for Hugging Face. NVIDIA's 8-K filing splits that into roughly $11.9 billion payable to Hugging Face stockholders and an equity-based retention program worth up to about $1.0 billion for Hugging Face employees who join NVIDIA. The same filing dates the definitive agreement to September 2, 2026.

Will Hugging Face still work with non-NVIDIA chips?

NVIDIA states that NVIDIA compute will not be required to build on or deploy through Hugging Face, and that the platform keeps supporting multi-cloud and multi-accelerator development. Jensen Huang says developers keep their choice of models, frameworks, clouds and computing platforms. That is a stated commitment made on announcement day, not yet a track record.

When does the NVIDIA and Hugging Face deal close?

NVIDIA expects the Hugging Face acquisition to close in the first half of 2027. The 8-K filing says closing depends on customary conditions, including the required regulatory approvals, so the date can move. Until closing, Hugging Face keeps operating as its own company and nothing about the Hub changes for people using it today.

Does anything change for people who already publish on the Hugging Face Hub?

Nothing changes right now for people publishing on the Hugging Face Hub. NVIDIA says the platform keeps its own brand and its current leadership team under CEO Clem Delangue, and keeps hosting open-source and open-weight models from every builder. Teams treating the Hub as permanent free infrastructure may still want their own mirror of important weights.

NVIDIA · 2026-09-03 · major

NVIDIA to acquire Hugging Face — $12.93B, and the hub stays multi-vendor

NVIDIA has agreed to buy Hugging Face for $12.93 billion. NVIDIA says the hub stays open to all model builders, keeps its leadership team, and will not require NVIDIA compute. The deal should close in the first half of 2027.

NVIDIA and Hugging Face announcement graphic for the acquisition

NVIDIA is buying Hugging Face for $12.93 billion and says the hub will stay open to every model, cloud and chip vendor.

Quick facts

Buyer	NVIDIA
Price	$12.93 billion
To stockholders	About $11.9 billion
Employee retention	Up to about $1.0 billion in equity
Agreement signed	September 2, 2026
Expected close	First half of 2027
Platform scale	3M models, 500K datasets, 1M apps

What is it?

NVIDIA has signed a definitive agreement to buy Hugging Face, the platform where open models, datasets and demos are published. The price is $12.93 billion — about $11.9 billion to Hugging Face stockholders plus up to $1.0 billion in equity to retain staff. Jensen Huang announced it on September 3, 2026; NVIDIA's SEC filing dates the agreement itself to September 2.

How does it work?

Closing is not immediate. The deal needs regulatory approval and other customary conditions, and NVIDIA expects it to complete in the first half of 2027, so Hugging Face keeps running on its own until then. The announcement makes four commitments: the platform stays open to models from all builders, multi-cloud and multi-accelerator work continues, developers keep their choice of frameworks and clouds, and NVIDIA compute is not required to build or deploy.

Why does it matter?

Hugging Face is the default place machine-learning work gets published, and NVIDIA puts the platform at more than 18 million developers and 200,000 companies. Whoever owns it sets the hosting terms and the default licences. The buyer here also sells the GPUs most of those models run on, which is why the 'NVIDIA compute not required' line is the part to watch. There is nothing to change today; the moment that matters is closing.

Who is it for?

ML engineers and open-model publishers

Frequently asked questions

How much is NVIDIA paying for Hugging Face?: NVIDIA is paying $12.93 billion for Hugging Face. NVIDIA's 8-K filing splits that into roughly $11.9 billion payable to Hugging Face stockholders and an equity-based retention program worth up to about $1.0 billion for Hugging Face employees who join NVIDIA. The same filing dates the definitive agreement to September 2, 2026.
Will Hugging Face still work with non-NVIDIA chips?: NVIDIA states that NVIDIA compute will not be required to build on or deploy through Hugging Face, and that the platform keeps supporting multi-cloud and multi-accelerator development. Jensen Huang says developers keep their choice of models, frameworks, clouds and computing platforms. That is a stated commitment made on announcement day, not yet a track record.
When does the NVIDIA and Hugging Face deal close?: NVIDIA expects the Hugging Face acquisition to close in the first half of 2027. The 8-K filing says closing depends on customary conditions, including the required regulatory approvals, so the date can move. Until closing, Hugging Face keeps operating as its own company and nothing about the Hub changes for people using it today.
Does anything change for people who already publish on the Hugging Face Hub?: Nothing changes right now for people publishing on the Hugging Face Hub. NVIDIA says the platform keeps its own brand and its current leadership team under CEO Clem Delangue, and keeps hosting open-source and open-weight models from every builder. Teams treating the Hub as permanent free infrastructure may still want their own mirror of important weights.