Nvidia Drops $12.93 Billion on 'GitHub for AI' Acquisition
Nvidia's acquisition of Hugging Face for $12.93 billion is set to be completed in the first half of 2027, pending regulatory approval.
Hugging Face is often referred to as the 'GitHub for AI,' a platform where developers, researchers, and students share artificial intelligence models, data sets, applications, and documentation.
The company's strategic value lies not only in its revenue but also in its developer community, library of models, and position as a starting point for many AI projects.
Nvidia says Hugging Face has over 18 million users, with more than 3 million models, 500,000 data sets, 1 million applications, and over 200,000 companies on the platform.