Nvidia in Talks to Buy AI Startup Hugging Face, Reports Say
Nvidia is in advanced talks to acquire AI startup Hugging Face in a deal valuing the target at approximately $13 billion, Bloomberg reports. The two companies have held serious conversations about the acquisition, according to the report.
Hugging Face operates a popular open-source platform for sharing AI models and has become a central hub for developers working on machine learning applications. The startup has raised funding from investors including Salesforce Ventures, Amazon, and Google, establishing itself as a key infrastructure player in the generative AI ecosystem.
The potential acquisition would represent one of Nvidia's largest deals and underscores the chipmaker's strategy to expand beyond hardware into AI software and platforms. Nvidia already dominates the market for AI training chips, and acquiring Hugging Face would give it direct ownership of a widely-used distribution channel for AI models.
Neither company has confirmed the talks, and no timeline for a potential deal announcement has been disclosed.