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Nvidia Agrees to Buy Open Source Platform Hugging Face For $12.9 Billion
Nvidia has agreed to buy Hugging Face, a company known for its GitHub-like repository of open-source AI models, for $12.9 billion, according to a person with knowledge of the agreement. The move will put Nvidia in charge of a strategic asset in the race among open-source model developers to ...
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infoworld.com
Nvidia eyes $12.9 bn Hugging Face deal to expand AI platform control
The proposed acquisition would give the chipmaker a foothold in model distribution and developer workflows beyond its core hardware business.
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forbes.com
Nvidia Is Buying Hugging Face For $13 Billion, Reports Say
Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.
