NVIDIA CEO Jensen Huang announced an agreement to acquire Hugging Face for about $12.93B. NVIDIA says the Hub remains an open platform for the whole ecosystem, supporting open/open-weight models plus multi-cloud and multi-accelerator deployment, without requiring NVIDIA compute. This upgrades earlier acquisition-talk reports into a public confirmed deal.

Key Takeaways

  • ✓Deal value is about $12.93B, announced publicly by Jensen Huang with Hugging Face leadership.
  • ✓Hub stays open: choose any models, frameworks, clouds, and inference providers; NVIDIA compute is not required.
  • ✓Hub already serves 18M+ builders and 3M+ models; NVIDIA plans to scale reliability, evaluation, inference, and deployment.
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