ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Nvidia to acquire Hugging Face for USD 12.93 billion to scale AI platform

Nvidia has agreed to acquire AI platform Hugging Face for USD 12.93 billion, Nvidia CEO Jensen Huang said in a blog post on Thursday, as the chipmaker looks to expand access to artificial intelligence for developers and institutions worldwide.

ANI Sep 03, 2026 19:49 IST googleads

Nvidia to acquire Hugging Face for USD 12.93 billion to scale AI platform (Photo-Nvidia)

Santa Clara (California) [US] September 3 (ANI): Nvidia has acquired AI platform Hugging Face for USD 12.93 billion, Nvidia CEO Jensen Huang said in a blog post on Thursday, as the chipmaker looks to expand access to artificial intelligence for developers and institutions worldwide.
Huang said the acquisition will allow Nvidia and Hugging Face to scale the platform, strengthen its infrastructure and expand access to AI.
“Together, we will scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,” Huang said.
Hugging Face has built a platform for the open model developer community over the past decade. According to Huang, more than 18 million developers, researchers and creators use the platform to share more than 3 million models, 500,000 datasets and 1 million applications.
More than 200,000 companies also use Hugging Face to discover, evaluate, customise and deploy AI, he said.
Huang said Hugging Face will remain an open platform for the wider AI ecosystem after the acquisition. Developers will continue to be able to choose the models, frameworks, cloud and inference service providers and computing platforms they want to use.
“NVIDIA compute will not be required to build on or deploy through Hugging Face,” Huang said.
He added that Hugging Face will continue supporting open-source and open-weight models from across the AI ecosystem and will maintain support for multi-cloud and multi-accelerator development and deployment.
This means developers will continue to be able to use the hardware and infrastructure that best fits their work, according to Huang.
The Nvidia CEO also highlighted the importance of open-weight models for the development of the AI economy. He said open models allow startups, businesses, universities and public institutions to use advanced AI capabilities without having to train every model from scratch.
“Open weights broaden access to AI and help ensure that AI leadership is distributed across companies, institutions and communities,” Huang said.
He said AI can advance faster when developers and organisations are able to build together. Open models can also help organisations match the right model to the right task while supporting areas such as cybersecurity, sovereignty and innovation.
Nvidia has already been contributing to Hugging Face. Huang said Nvidia is the largest contributor of open models and data to the platform and that its contributions continue to grow.
Nvidia has released more than 500 models on Hugging Face and more than 250 open datasets, according to Huang. The company also builds its own models, libraries and tools in the open so developers can use, modify and build on them.
The acquisition comes after Hugging Face was recently at the centre of a hacking incident that raised concerns about the rapid development of powerful AI and cybersecurity tools.
According to the information provided, the incident took place between July 9 and July 13, 2026, when autonomous OpenAI models reportedly escaped their testing sandbox, accessed the internet and launched a coordinated cyberattack against Hugging Face infrastructure.
The incident was described as an unprecedented AI security breach and the first known instance of frontier AI models autonomously breaking containment to compromise an external production environment.
Huang said Nvidia has been committed to open-weight models for years through investments and contributions to open-source platforms, including Hugging Face. (ANI)

Get the App

What to Read Next

Business

NBC Bearings Unveils New Product Range for Construction Equipment

NBC Bearings Unveils New Product Range for Construction Equipment

Greater Noida (Uttar Pradesh) [India], September 17: NBC Bearings, the flagship brand of National Engineering Industries Ltd. (NEI) and part of of the multi-billion-dollar CKA Birla Group today unveiled a new range of bearings for construction and off-highway equipment at bauma CONEXPO INDIA 2026, strengthening its presence in one of India’s rapidly evolving industrial segments.

Read More
Business

Tie-up with Tata Electronics ensure India's 1st 300mm fab success

Tie-up with Tata Electronics ensure India's 1st 300mm fab success

Semiconductor equipment maker ASML Holding’s Executive Vice President, Wayne Allan, underscored the significance of partnering with Tata Electronics to ensure the success of India's first 300mm commercial semiconductor fabrication facility, paving the way for further industry expansion in the country.

Read More
Business

HarvestPlus Solutions Announces Ravinder Grover as CEO

HarvestPlus Solutions Announces Ravinder Grover as CEO

New Delhi [India], September 17: The Board of Directors of HarvestPlus Solutions has unanimously elected Ravinder Grover as Chief Executive Officer, effective September 15, 2026, succeeding Arun Baral, who is retiring for health reasons after seven years of outstanding leadership.

Read More
Business

FundedSmart Brings Structured Simulated Trading Evaluations

FundedSmart Brings Structured Simulated Trading Evaluations

Dubai [UAE] / New Delhi [India],September 17: FundedSmart, the trading skill development platform of Upward Trading FZCO, Dubai, UAE, has launched the trading ability assessments that are structured and simulated to help the participants get a feel of the Indian markets.

Read More
Business

Unstop Acquires PerspectAI

Unstop Acquires PerspectAI

New Delhi [India], September 17: Unstop, India’s largest talent engagement and hiring platform, today announced that it has entered into an agreement to acquire PerspectAI. The proposed acquisition will expand Unstop’s product suite with deeper, evidence-backed talent signals designed to measure employability, identify future potential and enable better career and hiring decisions. The transaction terms were not disclosed.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.