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# Nvidia agrees to buy Hugging Face for about $11.9B plus retention equity
- URL: https://www.enterprisey.com/nvidia-agrees-to-buy-hugging-face-for-about-11-9b-plus-retention-equity/
- Published: 2026-09-03T15:45:00.000Z
- Updated: 2026-10-26T04:16:14.000Z
- Description: Nvidia has signed a deal to acquire Hugging Face, the AI model and dataset hub used by more than 200,000 companies. Nvidia says the platform will stay open and will not require Nvidia hardware.
- Author: Enterprisey Admin
- Tags: News, Acquisition

Nvidia has signed a deal to acquire Hugging Face, the AI model and dataset hub used by more than 200,000 companies. Nvidia says the platform will stay open and will not require Nvidia hardware. ([Nvidia 8-K](https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000078/nvda-20260902.htm?ref=enterprisey.com); [La Nacion](https://www.lanacion.com.ar/usa/nvidia-buying-artificial-intelligence-platform-hugging-face-for-13-billion-nid03092026/?ref=enterprisey.com); [BetaNews](https://betanews.com/article/nvidia-confirms-plans-to-acquire-ai-firm-hugging-face/?ref=enterprisey.com))

Nvidia's 8-K puts the payment to Hugging Face stockholders at about $11.9B, plus an equity retention program of up to about $1.0B for employees who join Nvidia. The deal needs regulatory approvals and is expected to close in the first half of 2027\. ([Nvidia 8-K](https://www.sec.gov/Archives/edgar/data/0001045810/000104581026000078/nvda-20260902.htm?ref=enterprisey.com); [La Nacion](https://www.lanacion.com.ar/usa/nvidia-buying-artificial-intelligence-platform-hugging-face-for-13-billion-nid03092026/?ref=enterprisey.com); [BetaNews](https://betanews.com/article/nvidia-confirms-plans-to-acquire-ai-firm-hugging-face/?ref=enterprisey.com))