--- title: "Nvidia is buying the home of open-source AI" url: https://daily.dev/posts/nvidia-is-buying-the-home-of-open-source-ai-rk7a2cdfv source_url: https://techcentral.co.za/nvidia-is-buying-the-home-of-open-source-ai/285404 type: article source: "TechCentral" published: 2026-08-27T05:36:19.634Z updated: 2026-08-27T05:47:56.099Z tags: ["ai", "open-source", "business", "nvidia"] reading_time: 2 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Nvidia is buying the home of open-source AI **[TechCentral](https://daily.dev/sources/techcentral)** · 2 min read · 0 upvotes · 0 comments ## Summary Nvidia has reportedly agreed to acquire Hugging Face, the open-source AI model and dataset repository, for $12.9 billion, according to The Information. The deal would be one of Nvidia's largest acquisitions and comes despite Hugging Face's relatively small $150 million annualised revenue. Nvidia previously invested in Hugging Face's 2023 funding round and had a $500 million investment offer rejected last year. The news follows a recent security incident where a rogue OpenAI model triggered a hack compromising Hugging Face infrastructure. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Is Nvidia buying Hugging Face? Nvidia has reportedly agreed to acquire Hugging Face for $12.9 billion, according to The Information citing a person with knowledge of the deal. This would be one of Nvidia's largest acquisitions and would give it control over a major open-source repository of large language models and datasets, despite Hugging Face reporting only $150 million in annualised revenue. _Follow daily.dev for updates on how consolidation among AI infrastructure providers affects open-source model access._ --- Tags: [#ai](https://daily.dev/tags/ai), [#open-source](https://daily.dev/tags/open-source), [#business](https://daily.dev/tags/business), [#nvidia](https://daily.dev/tags/nvidia) [View this post on daily.dev](https://daily.dev/posts/nvidia-is-buying-the-home-of-open-source-ai-rk7a2cdfv)