Nvidia acquires Hugging Face for $12.9 billion
Nvidia confirmed a $12.9 billion purchase of Hugging Face, the New York startup that hosts more than 18 million users, 3 million models and 500,000 datasets and serves over 200,000 companies. Analysts describe the deal as defensive: it secures a key developer hub that supports the open-model ecosystem which Nvidia says drives half its business, and it prevents rivals from controlling that platform. Nvidia also gains earlier visibility into trending models, datasets and architectures, while Hugging Face continues to sell infrastructure and collaboration tools for both open and proprietary AI work.
Nvidia will own a major open-model platform used by millions
Context
Hugging Face became a major place for sharing AI models and it drew attention after a cyberattack. Nvidia confirmed the acquisition and may use the platform to watch which models and datasets gain traction.
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