GoKawiilNvidia reportedly nears $12.9 billion deal to acquire Hugging Face
The Information reports, citing a source familiar with the matter, that Nvidia has agreed to purchase Hugging Face, the widely used open-source AI model hub, in a deal valuing the company above $13 billion. Business Insider says the agreement has not yet been finalized and could still fall apart, and neither Nvidia nor Hugging Face has commented on the reports.
GoKawiil's interpretation of the reporting above, not reported fact.
Owning the leading open-source AI hub would help Nvidia entrench its chip dominance at a moment when major AI labs like OpenAI, Google, Amazon and Anthropic are building their own custom chips to reduce dependence on Nvidia hardware. A robust open-source ecosystem gives developers alternatives to closed AI systems, keeping demand for Nvidia's GPUs strong across a wider swath of the market. Hugging Face CEO Clem Delangue's public alignment with Nvidia's open-source strategy this year suggests the deal talks are a natural extension of an existing relationship rather than a sudden pivot.
- Nvidia is reportedly close to buying Hugging Face for over $13 billion, according to The Information.
- The deal is not yet signed and could still collapse, per Business Insider's reporting.
- Acquiring Hugging Face would strengthen Nvidia's grip on AI infrastructure as rivals build their own chips.
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Published there as: “Nvidia closes in on Hugging Face acquisition”
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