Nvidia Eyes $13 Billion Hugging Face Acquisition Amid Massive Revenue Growth

Nvidia is reportedly in talks to acquire Hugging Face, an open-source AI model hub, for around $13 billion. The deal could give Nvidia more control over open AI models, datasets, and developer relationships.

Analysts are split on whether the acquisition would help or hurt the open source AI community. Tekonyx Founder Sid Nag says it would strengthen Nvidia's position in AI adoption, but also raises concerns about ecosystem neutrality.

Nvidia CEO Jensen Huang said that both closed and open models will succeed and drive sales, as the company reported massive revenue growth with Data Center revenue more than doubling year-over-year to $89 billion.