Nvidia to Acquire Hugging Face for $12.93 Billion

Nvidia has agreed to acquire Hugging Face for $12.93 billion, adding the popular open‑source AI model hub to the world’s largest AI chipmaker’s portfolio. The deal, announced in early September, will bring Hugging Face’s extensive library of machine‑learning models, datasets and developer tools under Nvidia’s ownership, positioning the chip giant to further integrate software and hardware solutions for artificial intelligence.

Founded in 2016, Hugging Face has become the de facto “GitHub” for AI, offering a browsable repository of open‑source models and a collaborative platform for developers to share code, data and research. The acquisition is expected to scale Hugging Face’s infrastructure, accelerate its expansion into new markets, and broaden access to AI tools for developers worldwide, according to Nvidia’s statements. The transaction follows a period of rapid growth for both companies, as demand for AI infrastructure and open‑source resources has surged across industries.

With the purchase complete, Nvidia will leverage Hugging Face’s community‑driven ecosystem to enhance its AI software stack, while Hugging Face will benefit from Nvidia’s advanced hardware capabilities and global reach. The move is seen as a strategic effort to consolidate the AI ecosystem and provide end‑to‑end solutions that combine cutting‑edge chips with leading open‑source software.