It's official: Nvidia is buying Hugging Face for $13 billion
Nvidia has officially confirmed its acquisition of Hugging Face for nearly $13 billion. The deal aims to scale Hugging Face's platform and improve infrastructure access for AI developers globally.
Why it matters
This acquisition represents a massive consolidation in the AI industry, potentially centralizing control over open-source AI development tools.
Philip FONG / AFP via Getty Images Nvidia has confirmed that it's buying Hugging Face for almost $13 billion. Nvidia CEO Jensen Huang wrote in a Thursday blog post that Nvidia had agreed to acquire Hugging Face for $12,930,300,000, confirming Business Insider's previous report that…
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in