The acquisition is the latest attempt by Nvidia to pull ahead in the global AI race.
Nvidia has agreed to acquire open-source AI and machine learning platform Hugging Face for $12.9bn, according to announcement released today (3 September).
In a statement, Nvidia said that as part of the acquisition, the organisation will scale Hugging Face’s platform, strengthen its infrastructure and expand AI access for developers and institutions across the world.
The company also explained that Hugging Face will continue to serve as an open platform for the AI ecosystem, where developers can select their models, frameworks, cloud, inference service providers and computing platforms. Additionally, users will still be able to build or deploy via Hugging Face without Nvidia compute.
The deal is expected to close in the first half of 2027, pending regulatory approval, according to a number of outlets.
