Nvidia in Talks to Acquire Hugging Face for Nearly $13 Billion
Nvidia, the leading AI chipmaker, is in talks to acquire Hugging Face for approximately $13 billion, according to sources familiar with the matter. Hugging Face, known for its open-source AI model repository and collaboration platform, approached Nvidia CEO Jensen Huang several weeks ago to explore the acquisition.
The deal would represent one of the largest acquisitions in the AI infrastructure space, potentially consolidating Nvidia's position as the dominant hardware provider for AI workloads with a leading software and model distribution platform. Hugging Face has become a central hub for machine learning practitioners, hosting thousands of pre-trained models and providing tools for model training and deployment.
Industry observers note that such an acquisition would align with Nvidia's strategy of expanding its AI ecosystem. While discussions are reportedly underway, neither company has officially confirmed the deal, and terms may still change.