Report: Nvidia to acquire AI model repository Hugging Face for $13 billion

Nvidia is set to acquire AI model repository Hugging Face for $12.9 billion, aiming to deepen its integration with the broader AI ecosystem. Hugging Face operates a cloud platform where developers and researchers locate, download, fine-tune, and share machine-learning models, functioning similarly to GitHub for software. This purchase expands Nvidia’s reach beyond hardware into model distribution and collaboration.