Nvidia acquires AI platform Hugging Face for $12.9 billion

Nvidia CEO Jensen Huang confirmed the acquisition of Hugging Face, which hosts 3+ million models, 500,000+ datasets, and 1+ million applications used by over 18 million developers, per The Hindu. This signals that model distribution and community infrastructure are now strategic assets—builders should expect Nvidia to tighten the stack and watch for shifts in open-model economics.

Source: The Hindu Tech ↗