Nvidia to acquire Hugging Face for $12.9 billion

Nvidia confirmed on September 3 that it will acquire Hugging Face for $12.9 billion, according to TechCrunch AI. The deal brings under Nvidia’s ownership what the company describes as the largest repository of machine learning models, hosting more than 3 million models and serving over 18 million developers.

Hugging Face has operated for years as an open, largely vendor-neutral hub where researchers and companies share and download pretrained models, datasets, and tools. Its position in the AI development pipeline has made it a common reference point across the industry, regardless of which hardware or cloud platform a given team uses.

Nvidia’s dominance in AI computing hardware is already well established. The acquisition places a major software and community layer of the AI stack under the same corporate roof as the chips that run much of the world’s model training and inference.

TechCrunch’s report did not include additional detail on deal structure, expected closing timeline, or whether Hugging Face will continue to operate independently within Nvidia or be integrated into existing product lines. No statements from Hugging Face’s leadership were included in the available reporting.

The transaction, at $12.9 billion, ranks among the larger acquisitions in the AI infrastructure sector to date.