NVIDIA to Acquire Hugging Face for $12.93 Billion
NVIDIA has announced an agreement to acquire Hugging Face, the leading open-source AI platform, for $12.93 billion in a landmark deal that aims to scale the platform and expand global access to AI development tools.
The platform, with its models, datasets, and developer tools, is a key meeting point for the artificial intelligence ecosystem. This move expands the company’s presence not only in chip sales but also in the software and developer segments.
Deal Highlights Acquire
- Acquisition Price: $12,930,300,000
- Platform Status: Hugging Face will remain an open platform for the entire AI ecosystem
- Developer Choice: Users can still choose any models, frameworks, clouds, and computing platforms NVIDIA compute is not required
- Open Source Commitment: Continued support for open-source and open-weight models from all builders across multi-cloud and multi-accelerator environments
Why This Matters
Hugging Face has become the central hub for the open AI community, hosting:
- 18+ million developers, researchers, and creators
- 3+ million AI models
- 500,000+ datasets
- 1+ million applications
- 200,000+ companies using the platform
NVIDIA emphasizes that the acquisition will strengthen Hugging Face’s infrastructure, improve platform reliability, safety, model evaluation, and deployment capabilities while preserving the open ecosystem that made the platform foundational.
NVIDIA’s Open AI Commitment
The announcement highlights NVIDIA’s existing role as the largest contributor of open models and data to Hugging Face:
- More than 500 models released on Hugging Face
- Over 250 open datasets contributed
- Ongoing investments in open-source platforms and tools
NVIDIA’s leadership frames the deal as aligned with their belief that open-weight models broaden AI access and distribute AI leadership across companies, institutions, and communities worldwide.
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