Nvidia agrees to acquire Hugging Face for $12.9 billion
Nvidia has agreed to acquire AI platform Hugging Face for $12.9 billion, marking one of its largest deals to date. Hugging Face is a widely used online repository for open-source AI models and tools, serving over 18 million developers and more than 200,000 companies. Both firms stated the platform will remain open, and users will not be required to use Nvidia’s hardware or services. The deal follows significant recent security incidents involving AI models on Hugging Face.
- Acquisition valued at about $12.9 billion
- Over 18 million developers use Hugging Face
- Platform will stay open to non-Nvidia hardware
- Deal combines leading AI hardware and software sectors
- Recent security incident impacted Hugging Face
Sources covering this
How it unfolded
- Nvidia NVIDIA to Acquire Hugging Face
- Economic Times Tech Nvidia buying artificial intelligence platform Hugging Face for $13 billion
- Wired Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI
- The Register Nvidia buys Hugging Face for $12.9B, promises not to squeeze too hard
- Windows Central NVIDIA reinforces itself as an AI-first company nowadays with an almost $13 billion acquisition of Hugging Face
- BBC Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
- CNBC Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC
- The New Stack “Hugging Face will remain an open platform”: Nvidia strikes $12.9B deal for the ‘GitHub of AI’
- New York Times Nvidia Buys Hugging Face in $12.9 Billion Deal
- Tom's Hardware Nvidia acquires Hugging Face for $12.93 billion — company gains control of major AI model distribution platform
- SiliconANGLE Nvidia confirms $12.9B acquisition of AI hosting platform Hugging Face
- SiliconANGLE Nvidia’s Hugging Face deal is a bet on open models — and proof it’s no longer just a chip company
- SecurityWeek Nvidia Is Buying AI Platform Hugging Face for $13 Billion
- diginomica The long and the short of IT - the week in digibytes
- CNBC Why Nvidia's 'defensive move' to acquire Hugging Face is about much more than chips
- SiliconANGLE Nvidia bags Hugging Face, AI models play leapfrog and CrowdStrike doubles down on AI
- Computerworld Nvidia-Hugging Face deal could require an enterprise AI rethink
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