Sep 3, 2026
NVIDIA announces an agreement to acquire Hugging Face, connecting its AI infrastructure with the open-model platform.
The September 2 agreement is announced September 3. NVIDIA describes a $12.93B deal; its filing separates about $11.9B for stockholders from up to $1B in employee retention. Closing is expected in the first half of 2027, subject to approvals and other conditions.