Nvidia in Talks to Acquire AI Platform Hugging Face for Over $13 Billion
Nvidia is in serious talks to buy Hugging Face in a deal valued above $13 billion, per a person familiar with the matter.
Nvidia, the world's leading chipmaker, has entered serious negotiations to acquire Hugging Face, a prominent platform for artificial intelligence developers. The potential deal would value Hugging Face at more than $13 billion, according to a person familiar with the matter.
The report, which emerged on Wednesday, indicates that the two companies are in advanced discussions, though no final agreement has been confirmed. The acquisition would mark one of the largest deals in the AI sector, underscoring Nvidia's aggressive push to expand its footprint beyond hardware into software and developer ecosystems.
Hugging Face is widely known for its open-source library of AI models and its collaborative community, making it a strategic asset for any company seeking to dominate the AI infrastructure space. Nvidia, already a key supplier of GPUs used in AI training, would gain a direct channel to millions of developers and a hub for model sharing and deployment.
Neither Nvidia nor Hugging Face has publicly commented on the talks. The deal, if finalized, would represent a significant consolidation in the rapidly growing AI industry, where valuations have soared amid surging demand for generative AI technologies.