San Francisco, CA – Nvidia has agreed to buy AI platform Hugging Face for $12.9 billion, according to a report by The Information on Wednesday, citing a person with knowledge of the deal. The acquisition, if confirmed, would be one of the largest in the artificial intelligence sector, further consolidating Nvidia’s dominance in the AI hardware and software ecosystem. Hugging Face, a leading open-source platform for machine learning models and datasets, has become a central hub for AI researchers and developers worldwide.
The deal reflects Nvidia’s strategic push to expand beyond its core semiconductor business into AI platforms and tools. Hugging Face’s library of pre-trained models and collaborative tools would complement Nvidia’s GPU hardware, potentially creating a comprehensive AI stack for developers. The acquisition would also give Nvidia a stronger foothold in the rapidly growing generative AI market, where Hugging Face has emerged as a key player. However, the deal may face regulatory scrutiny given Nvidia’s already significant market position in AI chips.
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Nvidia and Hugging Face have not yet officially confirmed the deal. Reuters could not immediately verify the report. The AI community will be closely watching for further details on how this acquisition could reshape the landscape of AI development and deployment.