NVIDIA to Acquire Hugging Face for $13B, Boosting Open-Weight AI Platform

NVIDIA confirmed it will pay about $13 billion (roughly $12.93B) to acquire Hugging Face, the open-weight AI platform, signaling a strategic push to build a robust open AI ecosystem. Hugging Face counts more than 18 million developers and 3 million models, used by over 200,000 companies, and Nvidia says the platform will remain open to support open-source models as part of the broader AI stack. The deal is expected to close in the first half of 2027, subject to regulatory approvals, with analysts viewing it as Nvidia positioning itself as a central AI platform beyond chip manufacturing.