Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Stocks

Nvidia to Acquire AI Developer Platform Hugging Face in Multi-Billion Dollar Deal

Guavy AI Editorial Team
Instruments
NVDA
Share

Nvidia has agreed to acquire AI developer platform Hugging Face for approximately $12.9 billion, according to its founder and CEO Jensen Huang.

Huang announced the deal on Thursday, noting that more than 18 million developers, researchers, and creators use Hugging Face to share over three million models, 500,000 datasets, and one million applications.

The platform is used by over 200,000 companies worldwide to discover, evaluate, customize, and deploy AI. Huang emphasized that Hugging Face will remain an open platform for the entire AI ecosystem, with NVIDIA compute not required to build on or deploy through it.

More on Stocks

Stocks 2m ago

Visa Targets $200 Trillion B2B Payments Market with Digitization Efforts

Stocks 3m ago

Nykredit A S Buys into Visa Inc. with Record-Breaking Share Purchase

Stocks 3m ago

US Visa Bulletin: Indian Families Get Relief as Cutoff Dates Move Forward

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy