NVIDIA has agreed to acquire Hugging Face, the open model sharing platform. Chief executive Jensen Huang announced the deal on NVIDIA's blog. He put the price at just under $13 billion. NVIDIA says Hugging Face will stay open to the whole AI industry. Developers will keep their choice of models, frameworks, clouds and chips. NVIDIA compute will not be required to build or deploy through the platform. Hugging Face will continue to support open source and open weight models from all builders. NVIDIA says its infrastructure and engineering can improve reliability, safety, model evaluation and deployment. The Hugging Face team and its brand will remain. No closing date or regulatory timeline was given.

• $12.93 billion purchase price
• 18 million developers on the platform
• 3 million models, 500,000 datasets
• 200,000 companies using it