NVIDIA has agreed to acquire the Hugging Face platform for $12,930,300,000. The deal amount was announced on September 3, 2026, by NVIDIA's CEO Jensen Huang in the company's official blog.
In the same statement, Huang noted that NVIDIA intends to scale the Hugging Face platform, strengthen its infrastructure, and expand access to artificial intelligence tools for developers and organizations worldwide. At the same time, Hugging Face will remain an open platform for the entire AI ecosystem: developers will continue to be able to choose any models, frameworks, cloud services, inference tools, and computing platforms. The use of NVIDIA's computing power will not become a mandatory condition for working with the platform or deploying models through it. Hugging Face will also continue to support open and open-weight models from all developers, adhering to a multi-cloud approach and compatibility with different types of accelerators.
Hugging Face Founders Confirm the Terms
Co-founder and CEO of Hugging Face Clément Delangue confirmed the deal on the social network X on September 3, 2026, citing the same amount of $12,930,300,000. He emphasized that the company's founders and team will remain in their positions, and the platform will retain its openness and independence from specific computing solutions.
Co-founder of Hugging Face Thomas Wolf indicated on the social network X on the same day that the numbers of the deal amount conceal two meanings at once—one related to Hugging Face, and the other to NVIDIA.
What the Numbers 129303 Mean
The number 129303 is the decimal representation of the Unicode code point U+1F917, which corresponds to the emoji 🤗, the signature symbol of Hugging Face. This is confirmed by reference data according to the Unicode standard.
The same sequence of digits, written as the color code #129303, produces a shade of green close to NVIDIA's signature color. Thus, the same number simultaneously points to the Hugging Face symbol and the buyer's color identity.
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$12,930,300,000 — the deal amount
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129303 — the decimal code for the emoji 🤗 (U+1F917)
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#129303 — a shade of green close to NVIDIA's signature color
The deal is expected to close in the first half of 2027 after completing the necessary regulatory procedures.
The deal combines the largest AI chip manufacturer with one of the key platforms for distributing open machine learning models. At the same time, both sides insist that the open architecture and the platform's independence from the computing power of any specific vendor will be preserved even after the change of ownership.
AI Opinion
Analysis shows that the deal fits into NVIDIA's broader strategy of vertical consolidation of the AI stack. The company had previously spent $20 billion to acquire chip developer Groq and approximately $5 billion on Intel shares, closing links in the chain from model training to inference. The acquisition of Hugging Face continues this pattern but adds a new level—control over the platform for distributing open models, through which a significant portion of the world's AI traffic passes.
The risk that remains behind the scenes of the article is the dependence of an open ecosystem on the infrastructure of a single owner, even with the formal preservation of multi-cloud capability. The practice of acquisitions by tech giants shows: declarations of platform independence after a deal closes are often revised as business models are integrated. Will Hugging Face maintain its openness over a horizon of several years, or will today's consolidation prove to be only the first step towards tighter binding to the NVIDIA ecosystem?
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