Nvidia confirms it will buy Hugging Face for $12.9 billion
Nvidia has officially acquired the AI platform Hugging Face for $12.93 billion. The deal aims to scale AI development while maintaining Hugging Face's status as an open-source platform for models and datasets.
Why it matters
This acquisition represents a massive consolidation of power in the AI infrastructure market, linking the leading hardware provider with the primary hub for open-source AI models.
After weeks of swirling rumors , Nvidia confirmed today that it has acquired Hugging Face for $12.93 billion. Hugging Face’s platform hosts three million models, one million applications used by over 18 million developers, and half a million datasets.
In a blog post, Nvidia’s CEO Jensen Huang said that Hugging Face will continue to support open-source and open-weight models and will work on expanding developer access.
“Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want. Nvidia compute will not be required to build on or deploy through Hugging Face,” said Huang.
Also covering this story
13 other newsrooms covered this event. We read each version separately.
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