Layoffs & Tech JobsSep 3, 2026·2 min read

Nvidia confirms it will buy Hugging Face for $12.9 billion

TechCrunch – All

1d ago

Nvidia confirms it will buy Hugging Face for $12.9 billion

Summary

After weeks of swirling rumors , Nvidia confirmed today that it has acquired Hugging Face for $12.93 billion. Hugging Face’s platform hosts three million models, one million applications used by over 18 million developers, and half a million datasets. In a blog post, Nvidia’s CEO Jensen Huang said that Hugging Face will continue to support open source and open-weight models and will work on expanding developer access. “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 they want. Nvidia compute will not be required to build on or deploy through Hugging Face,” said Huang. Huang touted Nvidia’s contributions and said that the chip company has released more than 500 models and 250 open datasets on Hugging Face. In an interview with TechCrunch in July, Delangue said that its growth rate is helping the platform to get “close to profitability.” Nvidia’s Huang has been a strong proponent of open models. Last month, The Wall Street Journal reported that it struck a $6 billion deal with coding startup Poolside to develop open models. He is based out of India and has previously worked at publications including Huffington Post and The Next Web. The startup community will gather to answer a pivotal question: How do you build sustainably in the AI era?

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Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.

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🗞️ Full Coverage· 3 sources on this story

Assembled automatically from 3 independent reports — every line below is a real sentence from a real source, not generated text. Numbers link to where each point came from.

The internet fights over anthropomorphism around the Hugging Face hack.[1]

Nvidia will pay $12.93 billion for Hugging Face, which is generating roughly $150 million in annualized revenue.[2]

The chipmaker announced Thursday that it has agreed to acquire Hugging Face, a major platform for open-source AI models, datasets and applications.[3]

Last month, The Wall Street Journal reported that it struck a $6 billion deal with coding startup Poolside to develop open models.[4]

Fortune – Tech5h ago

Korn Ferry experts trace the trend partly to leaner HR teams with less bandwidth to keep listings current, alongside some companies deliberately using ghost posts to scout talent or track competitors' hiring.

TechCrunch – All(this article)1d ago

He is based out of India and has previously worked at publications including Huffington Post and The Next Web.

The Verge – Tech2d ago

For one, there was no single rogue agent .

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