Nvidia to acquire AI platform Hugging Face in landmark $12.9B deal

Investing.com -- Nvidia has entered into a definitive agreement to acquire Hugging Face, the leading platform for open-source artificial intelligence, for $12.93 billion. The acquisition unites Nvidia’s hardware and infrastructure scale with the central hub of global AI development.

Hugging Face hosts a massive, interconnected ecosystem serving over 18 million developers, researchers, and creators. Its platform powers enterprise and open-source AI deployment across more than 200,000 organizations, hosting over:

• 3 million AI models




• 500,000 open datasets




• 1 million applications

Preserving Ecosystem Independence

Addressing concerns around ecosystem neutrality, Nvidia CEO Jensen Huang confirmed that Hugging Face will remain an open, multi-cloud platform operating under its existing brand. Developers will retain full autonomy to choose their preferred frameworks, cloud providers, inference engines, and underlying hardware. Building or deploying on Hugging Face will not require Nvidia compute.

"AI advances faster when people can build together," said Huang. "Nvidia’s infrastructure, engineering, and global reach will help scale platform reliability, safety, model evaluation, and deployment capabilities while preserving the open ecosystem that made Hugging Face foundational."

Deepening an Open-Weight Partnership

Nvidia is already the single largest contributor of open models and data on Hugging Face, having published more than 500 open-weight models and 250 datasets on the site. The acquisition strengthens both companies’ shared commitment to open-weight models—a framework vital for lowering barriers to entry, driving enterprise innovation, and distributing AI capabilities globally.

Hugging Face co-founders Clem Delangue, Julien Chaumond, and Thomas Wolf will continue to lead their team to scale the platform globally.

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