Nvidia acquires the open-source platform Hugging Face for 12,9 billion dollars. The Decoder reports this; the deal value is approximately 80 times the annual revenue of Hugging Face, which stands at 150 million dollars.
The deal fits Nvidia’s strategy of multi‑billion-dollar investments in open AI models. At the same time, according to the source, closed providers OpenAI and Anthropic are pulling away from Nvidia hardware.
For Nvidia, this could mean expanded presence beyond chip supply — into tools and ecosystems around open models. However, the source does not provide a timeline for closing the deal, its structure, or Hugging Face’s future operating model.
editorial commentary
Why it matters
Likely consequence — intensified competition for the ecosystem of open AI models and the tools around them. The closest observable signal — official statements from the parties and Hugging Face integration details. Substantial uncertainty remains due to a single source and lack of primary confirmation.