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Hugging Face built a $4.5 billion empire on free AI models. Now Nvidia is buying it for $12.9 billion
Nvidia has agreed to acquire Hugging Face for $12.9B. Co-founder Thomas Wolf explains why open-source AI won, why he is selling $399 robots, and what happens to the platform under Jensen Huang.
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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.
