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title: Hugging Face is being acquired by NVIDIA for $12.93 billion
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# Hugging Face is being acquired by NVIDIA for $12.93 billion

**[Collections](https://daily.dev/sources/collections)** · 3 min read · 57 upvotes · 17 comments

## Summary

Hugging Face is being acquired by NVIDIA in a deal valued at $12.93 billion, a figure the team says has some hidden jokes baked in. Co-founder Clement Delangue says the deal emerged from talks with Jensen Huang about scaling open-source AI through more compute, support, and visibility. NVIDIA has committed to keeping the platform open, independent, and compute-agnostic, and the founding team is staying on. Co-founder Thomas Wolf says NVIDIA is the closest fit to Hugging Face's values around open weights, open science, robotics, and AI for science. Nothing changes for users immediately; the long-term goal is 100 million AI builders owning their own models rather than renting access.

## Content

Nvidia has confirmed it will acquire Hugging Face for $12.93 billion, its largest acquisition ever, surpassing the $6.9 billion Mellanox deal. The price works out to roughly 86 times Hugging Face's $150 million in annualized revenue. About $11.9 billion goes to shareholders, with up to $1 billion in stock-based retention incentives for the roughly 750 employees.

Hugging Face co-founder and CEO Clément Delangue said he approached Jensen Huang directly, looking for more compute, infrastructure support, and visibility to keep open-source AI competitive with closed-source APIs. The founding team — Delangue, Julien Chaumond, and Thomas Wolf, who started the company in New York in 2016 — will stay on, and the Hugging Face brand remains intact.

## What the platform looks like today

Hugging Face currently serves over 18 million developers and more than 200,000 companies. It hosts 3 million models, 500,000 datasets, and 1 million applications. Nvidia is already the platform's largest contributor of open models and data.

## What Nvidia says will (and won't) change

Jensen Huang's public commitment is that Hugging Face will remain an open, multi-cloud, multi-accelerator platform. Developers won't be required to use Nvidia hardware — AWS, Google TPUs, Intel Gaudi, and AMD Instinct will all continue to be supported alongside Nvidia's own chips. Nvidia says it will invest in the platform's infrastructure, reliability, model evaluation, safety, inference, and deployment capabilities.

For users, the companies say nothing changes today. The deal still requires regulatory approval and is expected to close in the first half of 2027.

## The easter egg in the price

Thomas Wolf noted that the acquisition price of $12,930,300,000 isn't arbitrary — the number 129,303 is the decimal conversion of a binary string containing references to both Hugging Face and Nvidia. Classic.

## The open-source question

This is where it gets genuinely complicated. Nvidia's promises cover model availability and hardware neutrality, but analysts point out the commitments say nothing about search ranking, default routing, or which models get surfaced to developers first. Those are the levers that actually shape what people use.

There's no single enterprise-grade alternative that replaces Hugging Face at its scale — Azure AI Foundry, AWS SageMaker JumpStart, and Google Model Garden are partial options at best. Some consultants are already recommending that organizations mirror critical models into independent registries and separate model discovery from model custody, just in case.

The comparison to Microsoft's 2018 GitHub acquisition comes up a lot. GitHub stayed largely open, but the stakes around hardware neutrality here are arguably higher given Nvidia's position in the chip market. The community will judge the openness pledge by what actually happens to non-Nvidia hardware support over the next few years.

For what it's worth, Hugging Face had previously rejected a $500 million investment from Nvidia at a $7 billion valuation before agreeing to this full acquisition at nearly double that implied price. The reaction from the open-source AI community has been mostly positive — Julien Chaumond noted that 99% of responses were supportive, which is about as good as it gets for a $13 billion acquisition announcement.

## Questions this post answers

### Is NVIDIA acquiring Hugging Face?

Yes, NVIDIA is acquiring Hugging Face in a deal valued at $12,930,300,000. Co-founder Clement Delangue says the deal followed conversations with Jensen Huang about what open-source AI needs to scale, including more compute, support, and visibility. NVIDIA has committed to keeping the Hugging Face platform open, independent, and compute agnostic, and the founding team is staying on.

_Track how the Hugging Face acquisition reshapes open-source AI tooling choices on daily.dev._

### Will Hugging Face change for existing users after the NVIDIA acquisition?

Nothing changes for users immediately after the acquisition announcement. The stated long-term goal is to make open source the default way to build AI, targeting 100 million AI builders who own their models rather than renting access to someone else's, while NVIDIA keeps the platform open and compute agnostic.

_Developers relying on Hugging Face for models follow platform changes like this on daily.dev._

## Community take

How the wider developer community reacted, aggregated from 5 discussions and 1 comments across x (as of 2026-09-08).

**TL;DR:** There isn't enough substantive discussion in the provided input to characterize a community reaction to the acquisition.

**Sentiment:** 0% positive · 100% mixed · 0% skeptical

**By community**

- x (mixed): The only substantive reply is an offhand personal remark unrelated to the acquisition's merits.

**Source threads**

- [x](https://x.com/mitsuhiko/status/2095615620049961450) · 0 points · 0 comments
- [x](https://x.com/hardmaru/status/2095646715865125286) · 0 points · 0 comments
- [x](https://x.com/rohanpaul_ai/status/2095682936477819266) · 0 points · 0 comments
- [x](https://x.com/ClementDelangue/status/2095652663866032417) · 0 points · 0 comments
- [x](https://x.com/iScienceLuvr/status/2095846761378259234) · 0 points · 1 comments

## Community discussion

Top comments from developers on daily.dev.

**@devcoville** · 8 upvotes

> We'll all need to keep an eye on this. Hugging Face is important to the open weight model community, if Nividia even hints at meddling, an alternative will need to be found quickly. Open source AI is moving too fast to hesitate.

**@mindinu\_dev** · 1 upvotes

> Cool. but like @devcoville said, we got to keep an eye on this cuz if Nvidia close source hugging face.

**@hardik15** · 0 upvotes

> That's surely a pretty big news in the AI. Hope it speed-up Open-AI

**@kshitiz84** · 0 upvotes

> just waiting for github to be bought atp

**@fatmandandan** · 0 upvotes

> it is a terrible thing the owners did for developers everywhere. Used open source material to make money because they had one good idea, people started using it, than they benefit for doing none of the work. It is a joke. When does the open source community learn that they play you like puppets and exploit your personalities against you? Why would you even acknowledge this as a positive thing? I mean how? Alternatives exist everywhere. It is more like N Korea. they hide everything behind sanctioned viewing. If anyone is suspect for all these nasty viruses and increase in scamming money, lets...

## Similar posts on daily.dev

- [Nvidia confirms it will buy Hugging Face for $12.9 billion](https://daily.dev/posts/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion-g9f1t3g9c) · TechCrunch · 0 upvotes · 0 comments

---

Tags: [#machine-learning](https://daily.dev/tags/machine-learning), [#open-source](https://daily.dev/tags/open-source), [#business](https://daily.dev/tags/business), [#nvidia](https://daily.dev/tags/nvidia)

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