Nvidia Agrees to Buy Hugging Face for $12.9 Billion, Report Says

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Nvidia Agrees to Buy Hugging Face for $12.9 Billion, Report Says
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Nvidia has agreed to acquire Hugging Face, the hub where developers share open-source AI models, for about $12.9 billion, The Information reported. Neither company has confirmed the deal, and other outlets say no agreement is signed yet. The purchase would deepen Nvidia's grip on the open-model ecosystem and mark a big markup on Hugging Face's $4.5 billion 2023 valuation.

3 sources

  1. 01The Informationtheinformation.com
  2. 02TechCrunch — Nvidia closes in on Hugging Face acquisitiontechcrunch.com
  3. 03Fortune — Nvidia nears $12.9 billion deal to buy open-source AI platform Hugging Face, report saysfortune.com