Nvidia Acquires Open-Source AI Platform Hugging Face in $12.9bn Deal

Nvidia has agreed to buy leading open-source AI platform Hugging Face for $12.9 billion in a deal valued at $12.93 billion, securing control over a major developer community while committing to keep the platform open and hardware-agnostic.

• Nvidia acquired Hugging Face for $12.9 billion.
• The transaction gives Nvidia control over a major open-source AI developer community.
• Nvidia is acquiring Hugging Face for $12.93 billion
• Nvidia plans to keep Hugging Face an open platform without hardware restrictions