Nvidia to acquire Hugging Face for $13B to accelerate open AI ecosystem
TL;DR Summary
Nvidia has agreed to buy Hugging Face for $13 billion, adding a leading hub for open-weight AI models to its ecosystem. Hugging Face had previously declined Nvidia’s investment to preserve independence. The platform hosts about 3 million open models, ~500,000 datasets and ~1 million AI applications used by more than 18 million developers and over 200,000 companies. Nvidia says the deal will speed the spread of open models and broaden its ecosystem while keeping Hugging Face as an open platform; regulatory review is expected and the deal could close by 2027, making it Nvidia’s largest acquisition to date.
Topics:business#artificial-intelligence#hugging-face#mergers-and-acquisitions#nvidia#open-source#technology
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