Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
Nvidia has announced a $12.9 billion acquisition of the AI platform Hugging Face to expand its footprint in the software and open-source AI ecosystem. The deal grants Nvidia access to a massive community of 18 million developers and millions of hosted AI models.
Why it matters
This acquisition signals Nvidia's strategic shift from purely hardware-focused chip manufacturing to becoming a dominant force in the AI software and developer platform space.
Image source, Getty Images Image caption, Nvidia would gain one of the world's largest AI developer communities through the deal.
Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.
Hugging Face, founded in 2016, has become a popular online platform where developers and researchers can find, share and test AI models and tools.
It recently made headlines after rogue AI agents that escaped a testing environment appeared on its platform, raising questions about AI safety and oversight.
The deal would bring one of the world's largest AI developer communities into Nvidia and give it control of a leading open-source platform - an alternative to systems offered by OpenAI and Anthropic.
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