Nvidia to buy Hugging Face for $12.9B, deepening its AI platform push
TL;DR Summary
Nvidia announced a $12.9 billion deal to acquire open‑source AI platform Hugging Face, its second‑largest purchase after Groq, to scale the platform and broaden AI access for developers and institutions while keeping Hugging Face’s open ecosystem intact.
- Nvidia agrees to buy Hugging Face for almost $13 billion, expanding further up AI stack CNBC
- Nvidia buying Hugging Face for nearly $13B Axios
- Kevin Durant Could Earn Massive Payout from Early Hugging Face Investment After Reported $12.9B Sale Bleacher Report
- Nvidia to buy Hugging Face for $13 billion in big bet on open AI models Reuters
- Nvidia Will Buy Hugging Face For Nearly $13 Billion forbes.com
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