On September 3, Nvidia announced that it had agreed to acquire Hugging Face for $12.93 billion. According to the data, the three French co-founders of Hugging Face, Clement Delange, Julian Chaumont, and Thomas Wolff all had net worth of around $1.8 billion. The transaction is expected to close in the first half of 2027. Nvidia promised to maintain the open platform attributes of Hugging Face after the acquisition, and users can still upload and download AI models and data sets of their own choice; the three founders will continue to serve under a 6-year retention agreement.

On September 3, Nvidia announced that it had agreed to acquire Hugging Face for $12.93 billion. According to the data, the three French co-founders of Hugging Face, Clement Delange, Julian Chaumont, and Thomas Wolff all had net worth of around $1.8 billion. The transaction is expected to close in the first half of 2027. Nvidia promised to maintain the open platform attributes of Hugging Face after the acquisition, and users can still upload and download AI models and data sets of their own choice; the three founders will continue to serve under a 6-year retention agreement.