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Tech

Nvidia to Buy Hugging Face for Nearly $13 Billion

jafter promise

September 4, 2026 · Sep 4, 2026

Nvidia to Buy Hugging Face for Nearly $13 Billion

Chip giant Nvidia has agreed to buy the popular developer platform Hugging Face for nearly $13 billion.

The massive deal marks a bold move to expand its reach in the fast-growing open-source technology market.

Under the agreement, Nvidia will pay about $11.9 billion to Hugging Face investors. It will also set aside up to $1 billion to help keep key staff on board after the purchase. Founded in 2016, Hugging Face has become a go-to hub for developers looking for free, customizable tools. It has grown from a $4.5 billion valuation just a few years ago into a cornerstone of the modern tech industry.

Demand for these open tools has surged lately. Many businesses are pushing back against the steep costs of closed systems, looking instead for cheaper, more flexible alternatives to build their own software.

Nvidia CEO Jensen Huang moved quickly to calm fears that the purchase would change how the platform works. “Open models broaden access to technology and help ensure that leadership is distributed across companies and communities,” Huang said. He promised that Hugging Face will remain an open platform for everyone, and that developers can still choose whatever chips or cloud services they prefer.

But not everyone is convinced. Some developers worry that Nvidia might slowly make its own computer chips the only practical choice for anyone building on the site. Harold Byun, the head of a tech startup called BlueRock, pointed out the obvious risk. “While they have stated otherwise, it is likely that technical methods will be used to provide a competitive advantage,” Byun said. “That is something any rational company would seek to do.”

SEE ALSO: Nvidia Partners With Wall Street Giants to Mobilize $500 Billion for AI Infrastructure

For Nvidia, this purchase is about more than just selling more computer parts. It is a strategic move to stay close to the people building the next wave of technology, especially as big clients start making their own chips to reduce their reliance on Nvidia.

The deal will bring a famous name under one roof. But for the everyday developers who rely on this open space, the real test will be whether those open doors stay truly open.

Filed under: Tech

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