Originally published on AI Tech Connect.
What changed NVIDIA is acquiring Hugging Face. The company announced a definitive agreement on 3 September 2026. The price is $12,930,300,000 — commonly reported as $12.93bn, and stated precisely in NVIDIA's own announcement. The scale being bought is a distribution layer, not a product. Per NVIDIA's blog, the platform serves more than 18 million developers, researchers and creators, and hosts more than 3 million models, more than 500,000 datasets and more than 1 million applications, used by more than 200,000 companies. Jensen Huang made an explicit neutrality pledge. "Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms…
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