🇺🇸NVIDIA agreed to acquire Hugging Face for $12.93 billion, with closing expected in the first half of 2027.

NVIDIA announced a definitive agreement to acquire Hugging Face for exactly $12,930,300,000. A separate report placed the expected closing in the first half of 2027; the supplied sources did not disclose regulatory approvals or other closing conditions.

NVIDIA said Hugging Face will remain an open platform supporting models, frameworks, cloud providers, and computing platforms from across the AI ecosystem. NVIDIA also said the combination would be used to scale Hugging Face’s platform, strengthen its infrastructure, and expand AI access for developers and institutions.

The transaction remains pending rather than completed. The announcement confirmed reports that had emerged the previous week, while preserving Hugging Face’s stated role as a cross-ecosystem platform rather than restricting it to NVIDIA technology.