Nvidia reportedly agrees to buy Hugging Face for $12.9B, but deal is unsigned
Hugging Face co-founders Clement Delangue, Julien Chaumond and Thomas Wolf previously rejected a $500M Nvidia investment over concerns about investor influence. The reported acquisition would value Hugging Face at $12.9B, against roughly $150M in annualized revenue.
By RuntimeWire Staff · Published
Primary source: Forbes
Why it matters
The reported $12.9B price is roughly 86 times Hugging Face's reported annualized revenue. Nvidia ownership would also put Hugging Face's cross-hardware libraries and model platform under the leading AI accelerator supplier, making continued support for AMD, AWS, Google, Intel and Furiosa hardware a material concern for customers.
Hugging Face co-founders Clement Delangue, Julien Chaumond and Thomas Wolf rejected a proposed $500M Nvidia investment in late 2025 after Hugging Face said it did not want a dominant investor able to sway its decisions. Less than a year later, The Information reported that Nvidia had agreed to acquire Hugging Face for $12.9B.…