Nvidia buys Hugging Face for $12.9B, promises not to squeeze too hard

BREAKING Nvidia has agreed to buy AI developer platform Hugging Face for $12.9 billion, tightening its grip on the ecosystem surrounding open models. Following weeks of industry chatter, Nvidia confirmed Thursday it had entered into a definitive agreement to buy the model-hosting hub, sometimes described as a GitHub for AI developers. The transaction is expected to close in the first half of 2027, subject to regulatory approval and other customary closing conditions.