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Nvidia to acquire Hugging Face for $12.9 billion in AI deal
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 acquisitions to date and also underscores CEO Jensen Huang’s bet that demand for AI technology is still expanding rather than peaking.
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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.
