Nvidia Acquires Hugging Face for $12.93 Billion to Strengthen AI Position
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Quick answer
Nvidia acquired Hugging Face for $12.93 billion to bolster its AI leadership. The platform will remain open-source, maintaining support for various models and cloud environments.
Nvidia has announced its acquisition of Hugging Face, the largest platform for developing and distributing open AI models. The deal, valued at $12.93 billion, marks one of Nvidia’s most significant investments in the AI ecosystem.
Hugging Face, recognized as a central hub for AI developers, boasts over 18 million users who have uploaded 3 million models, 500,000 datasets, and 1 million applications. The platform supports open models, frameworks, and various cloud solutions, solidifying its role as a key player in the industry.
Nvidia emphasized that the acquisition aims to strengthen its position in artificial intelligence. Hugging Face will continue operating as an open platform, ensuring unrestricted access to tools and models for developers. Additionally, Nvidia has pledged not to impose its hardware solutions on platform participants.
The company also highlighted that integrating Nvidia’s resources will enhance platform reliability, model security, and accelerate deployment and evaluation. Hugging Face already collaborates closely with Nvidia, having published over 500 models and 250 open datasets on the platform.
Clément Delangue, co-founder and CEO of Hugging Face, stated that Nvidia provides the ideal environment for the platform, its community, and its open-model ambitions. The Hugging Face team will continue operating under Nvidia while maintaining the project’s independence and openness.
Common questions
- Why did Nvidia acquire Hugging Face?
- The acquisition expands Nvidia’s access to AI tools and developer communities, reinforcing its industry leadership while keeping Hugging Face open-source.
- How many developers use Hugging Face?
- The platform hosts over 18 million developers, researchers, and creators who have uploaded 3 million models and 500,000 datasets.
- Will Hugging Face remain open after the acquisition?
- Yes, Nvidia has committed to preserving the platform’s openness, supporting diverse models, frameworks, and cloud solutions.
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