Nvidia Scores $12.9 Billion Hugging Face Deal

Nvidia has agreed to acquire Hugging Face for approximately $12.93 billion, bringing one of the most prominent open AI development platforms under its control.

The deal is expected to close during the first half of 2027, subject to regulatory and other customary conditions.

Hugging Face has become a major hub for AI developers, researchers, and creators, with more than 18 million users and hosting over three million models, 500,000 datasets, and one million applications.

Nvidia says the platform will remain open and hardware-agnostic under its ownership, allowing developers to use different models, frameworks, cloud providers, inference services, and computing platforms.