Nvidia Buys Hugging Face for $12.93 Billion AI Expansion

Nvidia has announced its plan to acquire Hugging Face for $12.93 billion.

The acquisition aims to scale Hugging Face's platform, strengthen its infrastructure, and expand access to AI tools for developers and institutions worldwide.

Nvidia CEO Jensen Huang emphasized that Hugging Face will remain open to the broader AI ecosystem following the acquisition.

Huang stated that 'NVIDIA compute will not be required to build on or deploy through Hugging Face,' ensuring that the platform continues to support open-source and open-weight models from different developers, as well as multiple cloud and accelerator technologies.