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Nvidia buys open AI platform Hugging Face for 12.9 billion dollarsPhoto by UMA media on Pexels
Business

Nvidia buys open AI platform Hugging Face for 12.9 billion dollars

Euronews Portugal3 September 2026 at 14:02

Nvidia announced the acquisition of the open artificial intelligence platform Hugging Face for 12.9 billion dollars, equivalent to 11.1 billion euros. This value makes this acquisition the second largest transaction ever made in the technology sector.

The Hugging Face is a platform widely used by millions of developers worldwide. The company has developed itself as a reference in the open source AI ecosystem, offering tools and resources that facilitate the development of artificial intelligence models.

With this acquisition, Nvidia reinforces its position in the artificial intelligence market, expanding its reach beyond graphics processing hardware. The company intends to integrate the Hugging Face platform into its solutions, creating synergies between AI hardware and software.

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