NVIDIA to acquire Hugging Face for $12.93 billion, Jensen Huang pledges to keep the platform open
NVIDIA announced it will acquire open-source AI platform Hugging Face for $12.93 billion. Jensen Huang explained in a blog post that Hugging Face hosts over 18 million developers, 3 million models, and 500,000 datasets. He pledged the platform will remain open, supporting open-weight models, multi-cloud, and multi-accelerator environments, and will not become a closed entry point for NVIDIA hardware. NVIDIA is already the platform's largest contributor with 500+ models and 250+ open datasets.
Why it matters: $12.9B deal, 18M-developer community, and Jensen Huang's personal pledge to stay open — all solid. Held below 90 because we only have Huang's blog post so far; missing Hugging Face's independent statement and concrete governance terms.