Nvidia to acquire Hugging Face in a nearly $13 billion deal to deepen its AI footprint

Nvidia agreed to buy open-source AI platform Hugging Face for $12.9 billion, a move that pushes the chipmaker further up the AI stack beyond its dominant GPU business. CEO Jensen Huang said the platform will remain open and that Nvidia plans to scale its infrastructure and expand developer access, framing the deal as a strategic bet on open models. Hugging Face CEO Clément Delangue said his company initiated discussions this summer amid a turning point for open-source AI that called for more resources and visibility. The purchase is Nvidia’s second-largest after last year’s $20 billion acquisition of Groq assets and underscores the company’s ambition to be a platform provider, not just a hardware supplier. The deal also follows a recent Hugging Face security incident, which both leaders cast as evidence that open-source collaboration can strengthen cyber defense.

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