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

Nvidia has agreed to acquire Hugging Face, aiming to scale its platform, strengthen infrastructure, and expand AI access globally.

Deal valued at $12.9 billion.

Focus on promoting open-source AI models and datasets.

Expansion of AI access for developers and institutions worldwide.

Source: https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/