NVIDIA to acquire Hugging Face for $12.93B

NVIDIAhas agreed to acquireHugging Facefor $12.93 billion to scale the open-source model repository’s platform and infrastructure.

The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institutions globally.

Built over the past decade by Clem Delangue, Julien Chaumond, Thomas Wolf, and their engineering team, Hugging Face serves as the primary home for the open model developer community.

NVIDIA stated that Hugging Face will remain an open platform for the entire AI sector. Developers will retain full control over their selection of models, software frameworks, cloud providers, inference services, and computing hardware.

NVIDIA hardware will not be mandatory to build on or deploy software through the platform. The service will maintain operational support for alternative accelerators, multi-cloud architectures, and open-weight models from all third-party builders.

Jensen Huang, Founder and CEO of NVIDIA, said: “Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want, and the computing platforms they want.

“NVIDIA compute will not be required to build on or deploy through Hugging Face.”

Huang noted a recent open letter he co-authored regardingthe role of open weightsin the AI economy. The position argued that open weights broaden AI access and ensure technical leadership remains distributed across companies, academic institutions, and developer communities.

Under this operational model, commercial businesses, startups, universities, and public bodies can build on advanced capabilities without the expense of training baseline models from scratch.

The approach allows organisations to match specific models to operational tasks across factories, hospitals, farms, classrooms, and commercial businesses, while addressing cybersecurity and data sovereignty requirements.

Julien Chaumond, Co-Founder and CEO of Hugging Face, commented: “AI is at an inflection point. Open-source AI can become less relevant in the coming years if the big closed labs run away with it, or it can become the foundational fabric of the next phase of human civilisation.

“Those are vastly different outcomes, and we need the critical mass to ensure we give our collective best shot to the second outcome. Given Jensen Huang’s stance on open source AI and how he stepped up to defend it when it was under threat earlier in the summer, NVIDIA was the only partner we truly considered.”