Nvidia to buy AI coding platform Hugging Face for $12.9 billion

JENSEN HUANG. Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, US, on January 6, 2025.

Steve Marcus/Reuters

The announcement confirms earlier reports from 'The Information' that Nvidia had bought out Hugging Face

MANILA, Philippines – Nvidia CEO Jensen Huang announced on Thursday, September 3, that the company would be buying open-source AI coding platform Hugging Face for over $12.9 billion.

The announcement confirms earlier reports from The Information that Nvidia had bought out Hugging Face.

In Huang’s blog post to announce the acquisition, he said Hugging Face will remain an open platform for AI.

“Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want. NVIDIA compute will not be required to build on or deploy through Hugging Face,” he explained.

Huang said he hopes Nvidia’s acquisition of Hugging Face will allow it to better scale to the currently 18-million-strong userbase of the platform.

“As the opportunity for open models accelerates, Hugging Face can serve the global AI community at unprecedented scale. NVIDIA’s infrastructure, engineering and global reach can help improve platform reliability, safety, model evaluation, inference and deployment capabilities, while preserving the open ecosystem that made Hugging Face foundational.” Huang added. – Rappler.com