AI giant to acquire open‑source platform for $12.9 billion

Huang noted that the partnership will let

Nvidia’s chief executive Jensen Huang announced his company will buy the open‑source AI platform Hugging Face for $12.9 billion. He said the deal could reshape the generative‑AI landscape. The agreement was revealed days after Hugging Face approached Nvidia weeks earlier, according to a recent CNBC interview. The deal marks a rare convergence of hardware and open‑source software in the AI sector.

Huang noted that the acquisition will let Nvidia broaden its reach into the rapidly growing community of developers who build and share large language models. By integrating Hugging Face’s extensive repository of pre‑rained models and collaborative tools, Nvidia aims to embed its GPUs deeper into workflows. It will power generative AI applications worldwide.

Huang noted that the partnership will let Nvidia tap into the millions of developers already using Hugging Face’s platform. He added that the integration will accelerate the deployment of large language models on Nvidia GPUs, making AI tools more accessible worldwide.

Developers will gain tighter coupling between Nvidia hardware and the open‑source models they rely on. The combined resources could lower costs, speed up training, and enable new applications that were previously limited by hardware constraints.

Frequently Asked Questions How much is Nvidia

The $12.9 billion transaction positions Nvidia as a dominant force in both the hardware and software layers of generative AI. Analysts expect the deal to intensify competition, spur further consolidation, and accelerate the rollout of next‑generation AI services across industries. The partnership could also drive new research collaborations across academia and industry.

Frequently Asked Questions How much is Nvidia paying for Hugging Face? Nvidia agreed to pay $12.9 billion for Hugging Face, as stated by CEO Jensen Huang. The figure reflects the full value of the open‑source AI platform.

When did Hugging Face first approach Nvidia? Hugging Face contacted Nvidia weeks before the deal was announced, according to the CNBC report. That early outreach paved the way for the accelerated agreement.

What did Jensen Huang say the deal will achieve? Huang said the deal will extend Nvidia’s reach into the developer community. It will also speed up AI model deployment on its GPUs, he added.