Sep 3 2026

Nvidia agrees to acquire Hugging Face for $12.93 billion, pledging the platform stays open

MONEYOPEN

Original reporting

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Roughly $11.9B to shareholders plus up to $1B retention equity; close expected H1 2027 pending regulatory approval. Huang says Nvidia compute will not be required to build or deploy on the platform; Delangue approached Huang about the sale.

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Nvidia

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