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Nvidia has announced its acquisition of AI platform Hugging Face for approximately $12.9 billion, aiming to expand its software capabilities. Hugging Face, which serves over 18 million developers and hosts more than three million AI models, will remain open to developers post-acquisition. The deal is seen as a significant move in the AI sector, potentially enhancing competition and accessibility in AI tools.
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Nvidia has announced its acquisition of AI platform Hugging Face for approximately $12.9 billion, aiming to expand its software capabilities. Hugging Face, which serves over 18 million developers and hosts more than three million AI models, will remain open to developers post-acquisition. The deal is seen as a significant move in the AI sector, potentially enhancing competition and accessibility in AI tools.
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Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
Nvidia to Acquire AI Platform Hugging Face for $12.9 Billion