NVIDIA to acquire Hugging Face for approximately ¥2 trillion to promote open AI (published 4 September 2026)

The story

NEW YORK — U.S. semiconductor giant NVIDIA announced that it will acquire Hugging Face, a U.S. AI startup. The acquisition is valued at approximately $12.9 billion (about ¥2 trillion).

Hugging Face operates one of the world’s largest platforms for publishing and sharing AI models developed by companies, researchers and individuals.

The acquisition is intended to promote the development and adoption of open AI models that can be modified for specific applications.

At a glance

TargetsHugging Face

Amount$12.9 billion

TimingAnnounced on the 3rd

NatureAn acquisition aimed at developing and promoting open AI models

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