Hugging Face and NVIDIA Announce $12.93B Acquisition Plans

Hugging Face ·

Key Info

Hugging Face co-founder Clément Delangue shared the company’s intention to join forces with NVIDIA in a $12.93 billion acquisition, signaling one of the largest consolidations in the AI industry to date.

Highlights

  • NVIDIA CEO Jensen Huang welcomed the move, saying open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and support digital sovereignty.
  • The deal would bring together a leading open-source AI platform with NVIDIA’s dominant AI hardware and software ecosystem.
  • The announcement comes roughly 10 years after Hugging Face began building open-source AI, marking a new inflection point for the community.
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