Nvidia agrees to acquire Hugging Face for $12.9B, its second-biggest acquisition yet, after it paid $20B to buy assets from chipmaker Groq in December 2025 (Ari Levy/CNBC)

Nvidia has agreed to acquire Hugging Face, an open-source artificial intelligence platform, for $12.9 billion. This acquisition marks Nvidia's second-largest purchase, following its $20 billion acquisition of assets from chipmaker Groq in December 2025. The move signifies Nvidia's strategic expansion beyond hardware and further into the AI stack, as reported by Ari Levy for CNBC.