Hugging Face, the artificial intelligence platform US chip giant Nvidia is buying for $12.9 billion, is a French success story -- founded by three Frenchmen and incubated in Paris -- even if its headquarters and many of its investors are American. Decentralizing artificial intelligence "is much more interesting for society and for humanity in general,"in 2024.

Nvidia will buy popular developer platform Hugging Face for US$12.93 billion, betting that support for open AI models will drive future demand even as its biggest customers…

It was already rumored, but now we know.

The AI chipmaker says it will keep Hugging Face as an open platform

With Hugging Face Acquisition, Nvidia Scores Big Win in AI Race