Nvidia Buys Hugging Face for $12.93 Billion, Seals AI Infrastructure Dominance

Nvidia's $12.93 billion acquisition of Hugging Face has sent shockwaves through the tech industry, marking a significant move for the AI giant.

Hugging Face is a platform that hosts over 3 million models, 500,000 datasets, and 1 million applications, drawing in more than 18 million developers, researchers, and creators. The deal will close in the first half of 2027, pending regulatory approval.

Nvidia's CEO Jensen Huang emphasized the importance of keeping Hugging Face open, allowing developers to choose their own hardware, clouds, and stack. This commitment is not just goodwill but a fundamental aspect of the acquisition's value.