Nvidia (NVDA.O) has agreed to buy Hugging Face, a repository of open-source AI models, for $12.9 billion, The Information ​reported on Wednesday, citing a person with knowledge of the deal.

A ‌deal of that size would mark one of Nvidia’s largest acquisitions to date and underscore how the Jensen Huang-led company at the center of the AI boom ​is betting that demand for the technology is expanding rather than ​peaking.

It would also give Nvidia control of Hugging Face - which ⁠hosts open-source large language models and datasets - at a time when builders ​of closed-source models such as Anthropic and OpenAI are seeking to create their own ​chips as an alternative to Nvidia’s graphics processing units.