# Nvidia Closes $12.9-$14 Billion Deal to Acquire Hugging Face

> Nvidia is reportedly finalizing a deal to buy Hugging Face for somewhere between 12.9 and 14 billion dollars, a move that would fold the internet's main hub for open-source AI models into the company that already supplies most of the chips those models run on. The agreement is said to include a roughly 1 billion retention package aimed at keeping Hugging Face's engineers on board. Hugging Face hosts millions of open models and datasets and has become the default place developers go to share and download AI systems. Owning that layer would give Nvidia influence not just over the hardware, but over how models are distributed and which ones get discovered, a striking step toward vertical integration across chips, inference, and the model ecosystem. It also raises obvious questions. A neutral, community-driven repository suddenly owned by the dominant chipmaker will invite scrutiny over openness and competition, and the deal is likely to draw regulatory attention wherever Nvidia already looms large.

_Section: [Daily AI Updates](https://www.wortins.com/daily-ai) · Source: Bloomberg · Published Wednesday, September 2, 2026_

## Wortins' read

Nvidia is reportedly finalizing a deal to buy Hugging Face for somewhere between 12.9 and 14 billion dollars, a move that would fold the internet's main hub for open-source AI models into the company that already supplies most of the chips those models run on. The agreement is said to include a roughly 1 billion retention package aimed at keeping Hugging Face's engineers on board. Hugging Face hosts millions of open models and datasets and has become the default place developers go to share and download AI systems. Owning that layer would give Nvidia influence not just over the hardware, but over how models are distributed and which ones get discovered, a striking step toward vertical integration across chips, inference, and the model ecosystem. It also raises obvious questions. A neutral, community-driven repository suddenly owned by the dominant chipmaker will invite scrutiny over openness and competition, and the deal is likely to draw regulatory attention wherever Nvidia already looms large.

## Source

[Read the full story at Bloomberg](https://www.bloomberg.com/news/articles/2026-09-02/nvidia-nears-14-billion-hugging-face-deal-this-week)

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