Nvidia has reportedly agreed to acquire open-source AI model repository Hugging Face for approximately $12.9 billion, according to The Information. The deal, initially reported by Business Insider as being in talks for over $13 billion, would bring Hugging Face's widely used platform for hosting and sharing machine learning models under Nvidia's umbrella. The acquisition would significantly strengthen Nvidia's position in the AI ecosystem by integrating a central hub for open-source model development.