# Nvidia acquires Hugging Face $13 billion deal _Nvidia is acquiring Hugging Face in a deal valued at about $13 billion, per a Bloomberg Podcast Money Minute._ **Published:** 2026-09-04 **Source:** https://www.startuphub.ai/ai-news/public-companies/2026/nvidia-acquires-hugging-face-13-billion-deal --- According to a [Bloomberg Podcast](https://www.youtube.com/watch?v=lSKeDn3c4Bg), Nvidia is acquiring Hugging Face in a deal worth roughly $13 billion. Nvidia acquires Hugging FaceCore Nvidia announces acquisition of AI model hub for roughly $13 billionFrom the article 3 mentionsAccording to a Bloomberg Podcast, Nvidia is acquiring Hugging Face in a deal worth roughly $13 billion.Dominant open model hubCoreFrom the articleThe target, Hugging Face, runs the dominant open model hub for transformers and datasets.Market averages rallyEffectTraders drove major averages up at least 1 percent on headlineNvidia acquires Hugging FaceCoreNvidia announces acquisition of AI model hub for roughly $13 billionFrom the article 3 mentionsAccording to a Bloomberg Podcast, Nvidia is acquiring Hugging Face in a deal worth roughly $13 billion.Fed keeps rates steadyContextFrom the articleA Federal Reserve official floated keeping rates steady rather than raising them, and traders drove major averages up at least 1 percent.Dominant open model hubCoreFrom the articleThe target, Hugging Face, runs the dominant open model hub for transformers and datasets.Market averages rallyEffectTraders drove major averages up at least 1 percent on headlineBloomberg reported firstContextReport surfaced in Bloomberg Podcast Money Minute as single line itemTesla Cybercab launchContextFrom the articleThe same update noted Campbell shares slipped on weak fourth quarter sales while Tesla climbed ahead of its long-awaited Cybercab launch event.no filingNo official filingContextNeither Nvidia nor Hugging Face has filed official acquisition paperworkFrom the article 3 mentionsA Federal Reserve official floated keeping rates steady rather than raising them, and traders drove major averages up at least 1 percent.no detailsDeal terms undisclosedContextNeither party disclosed deal structure or expected closing date A [Federal Reserve](https://www.startuphub.ai/ai-news/prediction-markets/2026/prediction-markets-eye-fed-rate-decisions) official floated keeping rates steady rather than raising them, and traders drove major averages up at least 1 percent. [Nvidia](https://www.startuphub.ai/ai-news/artificial-intelligence/2026/ai-ipo-race-heats-up-as-anthropic-files-nvidia-surges) was among the most actively traded names as the acquisition headline circulated. The full discussion can be found on **Bloomberg Podcast**'s YouTube channel. ![](https://img.youtube.com/vi/lSKeDn3c4Bg/maxresdefault.jpg) Nvidia’s $13B AI Deal, Tesla Cybercab Launch Ahead: Bloomberg Money Minute, from Bloomberg Podcast The target, [Hugging Face](https://www.startuphub.ai/ai-news/ai-research/2026/openai-ai-models-breach-hugging-face-during-security-test), runs the dominant open model hub for transformers and datasets. No filing has emerged, and neither party has disclosed the deal structure or expected closing date. The same update noted Campbell shares slipped on weak fourth quarter sales while Tesla climbed ahead of its long-awaited Cybercab launch event. ## What Bloomberg actually disclosed The report described [Nvidia](https://www.startuphub.ai/ai-news/artificial-intelligence/2026/ai-ipo-race-heats-up-as-anthropic-files-nvidia-surges) as announcing the acquisition at a valuation of roughly $13 billion. The item ran as a single line in a markets roundup, not as a standalone deal announcement with supporting documents. ## Why it would matter if confirmed Owning Hugging Face would give [Nvidia](https://www.startuphub.ai/ai-news/artificial-intelligence/2026/ai-ipo-race-heats-up-as-anthropic-files-nvidia-surges) a direct distribution layer for AI models tied to its compute stack. It would also test regulators' appetite for vertical AI consolidation, particularly after Nvidia's surge alongside [Anthropic IPO](https://www.startuphub.ai/ai-news/ai-figures/2026/figure-dario-amodei-company-financial-breakdown-2026-08-27) chatter. For now investors have a headline price without a filing to verify it. --- Original analysis from [startuphub.ai](https://www.startuphub.ai), the #1 AI startup directory.