Nvidia to Acquire Hugging Face for $12.9B: Report
机器之心 · wechat · 2026-08-27
Deal: Nvidia has agreed to acquire Hugging Face for approximately $12.9 billion, according to The Information.
Strategic Rationale:
- Ecosystem Control: Hugging Face acts as the "GitHub of AI," hosting most open-source models. Nvidia gains control over the primary distribution channel for the open-source ecosystem.
- Counterbalancing Cloud Giants: With OpenAI, Google, and others developing custom chips, Nvidia is betting on open models to sustain GPU demand. While models may be free, the compute to run them is not.
- Cloud Strategy: The acquisition provides a natural entry point into cloud services by sitting between developers and compute infrastructure, avoiding direct channel conflicts with AWS/Azure.
Financials: Hugging Face's annualized revenue is $150M, implying a massive 80x+ valuation multiple.
Related event: Nvidia Reportedly Agrees to Buy Hugging Face for Around $12.9 Billion(11 posts)→
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