Nvidia Agrees to Buy Hugging Face for $12.9B, Expanding Open-Source AI Reach
TL;DR Summary
Nvidia is reportedly acquiring Hugging Face for $12.9 billion, per The Information, expanding its footprint in open-source AI and the software/model ecosystem; negotiations reportedly followed interest from another bidder, with neither company commenting; if completed, the deal would place Hugging Face’s platform under Nvidia’s umbrella and deepen Nvidia’s AI ecosystem.
- Nvidia agrees to buy Hugging Face for $12.9 billion, report says CNBC
- Nvidia Agrees to Buy Open Source AI Platform Hugging Face For $12.9 Billion The Information
- Hugging Face reportedly in talks to be acquired for $13B TechCrunch
- Nvidia in Talks to Buy AI Startup Hugging Face, Reports Say Bloomberg.com
- Hugging Face has been fielding M&A interest for a deal worth at least $13 billion Business Insider
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