Nvidia acquires Hugging Face $13 billion

Nvidia keeps Hugging Face as an open, compute-agnostic hub in a $13B deal with $1B in retention and founders staying six years.

Nvidia logo and Hugging Face logo representing $13 billion acquisition
Nvidia to keep Hugging Face as open, compute-agnostic hub in $13B deal· Bloomberg Podcast
Visual TL;DR
Nvidia acquires Hugging FaceCore
AI chip giant buys leading model hub for thirteen billion dollars total valuation
From the article 5 mentionsNvidia is acquiring Hugging Face for $13 billion, confirming earlier reports from the Bloomberg Podcast.
Compute-agnostic platformContext
No mandatory Nvidia hardware required for inference, cloud, or community model hosting
From the article 2 mentionsWolf said the plan is to keep an open, independent and compute-agnostic platform and infrastructure.
Deal valued at $13BCore
Bloomberg confirms thirteen billion dollar price tag with one billion in retention stock
All three founders stay six yearsCore
Thomas Wolf and cofounders commit to multi-year retention following acquisition announcement
From the articleCo-founder Thomas Wolf said all three founders plan to stay on, along with the full team.
Nvidia acquires Hugging FaceCore
AI chip giant buys leading model hub for thirteen billion dollars total valuation
From the article 5 mentionsNvidia is acquiring Hugging Face for $13 billion, confirming earlier reports from the Bloomberg Podcast.
Deal valued at $13BCore
Bloomberg confirms thirteen billion dollar price tag with one billion in retention stock
Hugging Face stays independentDriver
Open community platform keeps separate operations under Nvidia ownership after close
From the article 5 mentionsThe deal puts Hugging Face's valuation at around $13 billion, with $1 billion in retention stock, according to comments on Bloomberg Tech.
All three founders stay six yearsCore
Thomas Wolf and cofounders commit to multi-year retention following acquisition announcement
From the articleCo-founder Thomas Wolf said all three founders plan to stay on, along with the full team.
Jensen Huang backs opennessDriver
Nvidia CEO publicly supports open model hub, though platform specifics remain undefined
From the articleJensen Huang made the same point in a post and interview cited on the show, but Wolf said specifics are still being defined.
Nvidia expands AI stackEffect
Tech giant extends spend beyond chips into model distribution and developer tooling
Compute-agnostic platformContext
No mandatory Nvidia hardware required for inference, cloud, or community model hosting
From the article 2 mentionsWolf said the plan is to keep an open, independent and compute-agnostic platform and infrastructure.
Retention stock for teamOutcome
One billion dollar stock package aims to keep full engineering team onboard
From the articleThe deal puts Hugging Face's valuation at around $13 billion, with $1 billion in retention stock, according to comments on Bloomberg Tech.
Contents(3)

Nvidia is acquiring Hugging Face for $13 billion, confirming earlier reports from the Bloomberg Podcast. The AI model hub will remain independent under Nvidia ownership.

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Hugging Face
$4.5B
Hugging Face is the leading AI community and platform for machine learning collaboration, enabling developers to build, share, and deploy models, datasets, and applications.

The deal puts Hugging Face's valuation at around $13 billion, with $1 billion in retention stock, according to comments on Bloomberg Tech.

Co-founder Thomas Wolf said all three founders plan to stay on, along with the full team.

The full discussion can be found on Bloomberg Podcast's YouTube channel.

AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face | Bloomberg Tech - Bloomberg Podcast
AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face | Bloomberg Tech, from Bloomberg Podcast

How Hugging Face stays independent after the deal

Wolf said the plan is to keep an open, independent and compute-agnostic platform and infrastructure.

That means no mandatory Nvidia compute for the community, including for the inference platform and cloud choices. Jensen Huang made the same point in a post and interview cited on the show, but Wolf said specifics are still being defined.

Hugging Face has raised less than half a billion dollars to date and scaled to 3 million models, 18 million users and 200,000 companies. Wolf framed that growth as the efficiency case for taking Nvidia backing now.

Why Nvidia is paying now

Wolf said Hugging Face considered raising more versus partnering with someone aligned on open source, then approached Nvidia directly.

Open source is having a major moment, he said, and became critical for safety and enterprise control after attacks earlier this summer.

This is not spacex ipo-style financial engineering. Wolf contrasted it with a straight investment and pointed to Nvidia scale for robotics too, noting the recent Reachy micro-duck demand as a preview of hardware leverage.

Regulatory clearance is the overhang.

Wolf called it early to assess antitrust, said Hugging Face is confident in an independent-platform path, and declined to detail how rivals using Nvidia competitors will view the deal. The broader AI stack backdrop is tight supply, with Broadcom guiding to doubling AI chip sales while demand still outstrips supply across chips, servers and software.

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Daniel Singer

Written by

Daniel Singer

Editor, StartupHub.ai

Daniel Singer is the editor of StartupHub.ai, a technology expert and thought leader on AI and its applications across sectors, from fintech and healthcare to developer tooling and consumer software. He writes and tests the tools covered here thoroughly and regularly, and built StartupHub.ai to give founders, operators and buyers a clearer read on what they are actually being sold.

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