Aug 26 : Nvidia has agreed to buy AI platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal.The chipmaker and New York-based Hugging Face, which hosts open-source large language models and datasets, did not immediately respond to Reuters requ

The proposed acquisition would give the chipmaker a foothold in model distribution and developer workflows beyond its core hardware business.

Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.

The chipmaker and New York-based Hugging Face, which hosts open-source large language models and datasets, did not immediately respond to Reuters requests for comment outside…

Nvidia is reportedly close to acquiring AI startup Hugging Face for approximately $13 billion, enhancing its AI portfolio.

Nvidia has reportedly agreed to buy the open‑source AI model repository Hugging Face for $12.9 billion according to The Information. This deal would mark one of Nvidia’s biggest…