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Nvidia acquires Hugging Face for $12.9 billion

Nvidia is buying open-source AI platform Hugging Face for $12.9 billion, about 80 times its $150 million annual revenue. The deal fits Nvidia's push to invest in open AI models while closed providers move away from Nvidia hardware.

First seen 27 Aug, 07:14 UTC on The Decoder8 sourcesLast update 46d ago

What the sources say

Linked, never rewritten. Official means the lab itself.

Official0

No word from NVIDIA yet.

Press8

The Decoder· 27 Aug, 07:14Nvidia snaps up Hugging Face for $12.9 billion as closed AI labs pull awayArs Technica· 27 Aug, 19:55Report: Nvidia to acquire AI model repository Hugging Face for $13 billionSiliconANGLE· 27 Aug, 20:14Nvidia reportedly acquires AI project hosting platform Hugging Face for $12.9BTechCrunch· 3 Sep, 12:42Nvidia confirms it will buy Hugging Face for $12.9 billionArs Technica· 3 Sep, 13:34Nvidia buys Hugging Face, the GitHub of AI, for $13 billionThe Decoder· 3 Sep, 14:25Nvidia buys the front door to open AI as closed labs increasingly design their own siliconSiliconANGLE· 3 Sep, 20:25Nvidia confirms $12.9B acquisition of AI hosting platform Hugging FaceSiliconANGLE· 4 Sep, 01:29Nvidia's Hugging Face deal is a bet on open models, and proof it's no longer just a chip company

How it unfolded

Every source in the order it appeared. Times in UTC.

27 Aug 07:14The Decoder Nvidia snaps up Hugging Face for $12.9 billion as closed AI labs pull away27 Aug 19:55Ars Technica Report: Nvidia to acquire AI model repository Hugging Face for $13 billion27 Aug 20:14SiliconANGLE Nvidia reportedly acquires AI project hosting platform Hugging Face for $12.9B3 Sep 12:42TechCrunch Nvidia confirms it will buy Hugging Face for $12.9 billion3 Sep 13:34Ars Technica Nvidia buys Hugging Face, the GitHub of AI, for $13 billion3 Sep 14:25The Decoder Nvidia buys the front door to open AI as closed labs increasingly design their own silicon3 Sep 20:25SiliconANGLE Nvidia confirms $12.9B acquisition of AI hosting platform Hugging Face4 Sep 01:29SiliconANGLE Nvidia's Hugging Face deal is a bet on open models, and proof it's no longer just a chip company

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