acquisition

Nvidia has completed its $12.93 billion acquisition of Hugging Face, the leading open-source AI model repository. CEO Jensen Huang pledged the platform will remain open and model-agnostic, but the deal gives Nvidia strategic leverage against hyperscalers and AI labs building their own chips, while also opening opportunities in robotics via Hugging Face's Pollen Robotics subsidiary.

Nvidia is in talks to acquire Hugging Face for over $13 billion, putting the open-source AI platform's future under chipmaker control. The deal would give Nvidia ownership of the infrastructure that millions of developers use daily — but risks alienating the community that made Hugging Face central to AI development.