Nvidia Eyes a $13B+ Bet on Hugging Face in Open-Source AI Push

Nvidia is reportedly negotiating to acquire Hugging Face for more than $13 billion, though no deal is final and talks could still fall apart. Microsoft reportedly met with Hugging Face but is not currently in talks. Hugging Face, a neutral hub for open-source AI models and datasets, could give Nvidia deeper access to developers and drive more workloads to its chips, but ownership might compromise the platform’s neutrality since it supports competitors like AMD and Intel. Hugging Face previously turned down Nvidia’s $500 million offer valuing it at about $7 billion. The deal remains uncertain as negotiations continue.