Nvidia has agreed to acquire Hugging Face for $12,930,300,000, in a deal announced by Nvidia founder and chief executive Jensen Huang on 3 September.
Hugging Face, used by more than 18 million developers, researchers and creators, hosts over 3 million models, 500,000 datasets and 1 million applications, with more than 200,000 companies using the platform to discover, evaluate, customise and deploy AI. Huang said Hugging Face will remain an open platform, with developers free to choose their preferred models, frameworks, clouds and computing hardware, and that Nvidia compute will not be required to build on or deploy through the site.
Nvidia said it is already the largest contributor of open models and data to Hugging Face, having released more than 500 models and over 250 open datasets on the platform. Huang framed the deal as an extension of an open letter he recently co-authored with other industry leaders on the importance of open-weight models to broadening access to AI and distributing AI leadership across companies and institutions.
Huang said Hugging Face co-founders Clem Delangue, Julien Chaumond and Thomas Wolf had built the platform into a vibrant home for the open model developer community over the past decade, and that Delangue had approached him about Nvidia becoming the company's next home. Huang said the acquisition would bring Nvidia's infrastructure and engineering resources to bear on improving the platform's reliability, safety, model evaluation and deployment capabilities, while preserving its open ecosystem. Hugging Face will keep its existing brand under the new ownership.
