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# Nvidia confirms it will buy Hugging Face for $12.9 billion

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

Nvidia has confirmed it acquired Hugging Face for $12.93 billion, ending weeks of rumors. Hugging Face's platform hosts 3 million models, 1 million applications, and 500,000 datasets used by over 18 million developers. Nvidia CEO Jensen Huang said Hugging Face will remain an open platform, with no requirement to use Nvidia compute, while Hugging Face CEO Clem Delangue said the company sought Nvidia's backing for more compute, support, and visibility. Hugging Face had previously rejected a $500 million offer from Nvidia and was reportedly nearing profitability with $150 million in annualized revenue.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/09/03/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion>

## Questions this post answers

### How much did Nvidia pay to acquire Hugging Face?

Nvidia acquired Hugging Face for $12.93 billion. The deal follows weeks of rumors and comes after Hugging Face rejected a prior $500 million offer from Nvidia. Hugging Face's platform hosts 3 million models, 1 million applications, and 500,000 datasets, and is used by over 18 million developers.

_developers tracking how AI infrastructure consolidation reshapes model hosting can follow it on daily.dev._

### Will I still need Nvidia hardware to use Hugging Face after the Nvidia acquisition?

No, Nvidia compute will not be required to build on or deploy through Hugging Face. Nvidia CEO Jensen Huang stated that developers will continue to choose their own models, frameworks, clouds, inference providers, and computing platforms, and that Hugging Face will remain an open platform for the entire AI ecosystem.

_anyone weighing vendor lock-in risk after the acquisition can track updates on daily.dev._

### What is Hugging Face's annualized revenue before being acquired by Nvidia?

Hugging Face was reported to be clocking $150 million in annualized revenue shortly before the Nvidia acquisition, according to The Information. Its CEO Clem Delangue had also said the company's growth rate was helping it get close to profitability, and it had previously raised over $395 million in funding, including a $235 million round led by Salesforce Ventures.

_developers evaluating AI platform stability and funding trends can follow this on daily.dev._

---

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)

[View this post on daily.dev](https://daily.dev/posts/nvidia-confirms-it-will-buy-hugging-face-for-12-9-billion-g9f1t3g9c)

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