Nvidia reportedly agrees to acquire Hugging Face for $12.9 billion

Nvidia Hugging Face AI acquisition open source AI semiconductor industry

Nvidia has reportedly reached an agreement to acquire the open-source AI platform Hugging Face for approximately $12.9 billion. While reports from The Information suggest an agreement is in place, Business Insider notes that the companies have engaged in serious discussions at valuations exceeding $13 billion but have not yet signed a definitive contract. Neither Nvidia nor Hugging Face has officially confirmed the deal.

Hugging Face, often described as the ‘GitHub of AI’, serves as a central hub for developers to share and discover models and datasets. As of 2025, the platform hosts over 2 million public models and has reached 13 million users. The acquisition would represent one of Nvidia’s largest deals to date, signaling a strategic shift from hardware dominance toward controlling critical software and model layers in the AI ecosystem.

Separately, Nvidia reported exceptionally strong fiscal Q2 2027 results, with revenue rising 106% year-on-year to $96.2 billion. This growth was driven largely by its data center segment, which saw revenue reach $89 billion, fueled by intense demand for AI processors from major tech firms.

Entities

Business Insider · Clement Delangue · Colette Kress · Hugging Face · Jensen Huang · Nvidia · The Information

Claims

What the coverage asserts, and how many sources carry each claim.

[● 6 SOURCES] Nvidia has reportedly agreed to acquire Hugging Face for $12.9 billion. www.ictbusiness.biz · iphonesoft.fr · forbesliberia.com · www.noobz.ro · kienthuc.net.vn · +1 more
[● 3 SOURCES] Hugging Face reached 13 million users, over 2 million public models, and over 500,000 datasets in 2025. www.enriquedans.com · iphonesoft.fr · www.noobz.ro
[● 2 SOURCES] Nvidia reported a year-on-year revenue increase of 106% to $96.2 billion in its fiscal Q2 2027 results. www.ictbusiness.biz · baogialai.com.vn
[● 4 SOURCES] Hugging Face generates approximately $150 million in annualized revenue. www.ictbusiness.biz · iphonesoft.fr · www.noobz.ro · kienthuc.net.vn
[● 2 SOURCES] Nvidia's data center revenue more than doubled to $89 billion. www.ictbusiness.biz · baogialai.com.vn
[● 2 SOURCES] Nvidia's net income increased by 126% to $59.7 billion. www.ictbusiness.biz · baogialai.com.vn
[● 4 SOURCES] Business Insider reports that while discussions have occurred at a valuation over $13 billion, no contract has been signed. forbesliberia.com · www.noobz.ro · iphonesoft.fr · kienthuc.net.vn
[○ 1 SOURCE] Nvidia forecasts its current quarter revenue to be approximately $108 billion. baogialai.com.vn