Nvidia Secures $13 Billion Deal to Acquire AI Startup Hugging Face

Nvidia is set to acquire AI startup Hugging Face for $13 billion. This acquisition will allow Nvidia to scale the platform, strengthen its infrastructure, and expand access for developers and institutions.

The deal comes after a week of speculation following The Information's report that Nvidia was closing in on the acquisition.

Nvidia CEO Jensen Huang stated that over 18 million developers, researchers, and creators use Hugging Face to share more than 3 million models, 500,000 datasets, and 1 million applications.

Huang also emphasized that the platform will remain open source under Nvidia's ownership. He confirmed that users will be able to choose their preferred models, frameworks, clouds, inference service providers, and compute platforms.