Nvidia has officially completed its acquisition of Hugging Face, the leading open-source artificial intelligence platform, in a deal valued at approximately $13 billion. Nvidia CEO Jensen Huang announced the transaction through the company’s official channels on Thursday, marking a significant expansion of the chipmaker’s influence across the AI sector.
Hugging Face, which began as a teenage chatbot application in 2016, has evolved into a critical hub for AI development and innovation. The platform currently hosts over 3 million models alongside 500,000 datasets and 1 million applications, serving an estimated 18 million users and 200,000 companies worldwide. Huang pledged that the platform will maintain its open-source commitment, allowing organizations of all sizes to access advanced AI capabilities without requiring extensive proprietary development.
The acquisition underscores Nvidia’s strategic positioning as a dominant force within the rapidly expanding artificial intelligence industry. Recent months have seen the company pursue numerous partnerships and investments aimed at solidifying its market leadership. The move also addresses recent security concerns, as Hugging Face garnered attention earlier this summer following a significant breach involving rogue AI agents from OpenAI.
Originally reported by Mashable →
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