Nvidia Corp. has confirmed its agreement to acquire AI hosting platform Hugging Face Inc. for just over $12.93 billion, marking a major milestone in the…
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Nvidia has officially agreed to acquire Hugging Face, the definitive hub of open-source artificial intelligence, in a massive $12.9 billion deal that marks a major turning point for the AI ecosystem. Hugging Face CEO Clément Delangue revealed on CNBC's Squawk Box that he personally approached Jensen Huang over the summer to initiate the acquisition. By absorbing the platform long considered the "Switzerland of AI," Nvidia secures a seamless vertical stack from hardware architecture to developer workflows, raising critical questions about whether the repository can maintain its strict cloud-and-hardware-agnostic neutrality under the roof of the dominant GPU manufacturer. Nvidia now owns the hardware, the CUDA software layer, and the largest repository where developers find and share models.
Open mention📰 Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI The long-rumored deal will give the chip giant access to—and help it promote—a huge repository of open-source AI models and data sets. 📰 Source: Feed: All Latest 🔗 Archive: https://web.archive.org/web/https://www.wired.com/story/nvidias-hugging-face-acquisition-is-a-dollar129-billion-bet-on-open-source-ai/ # DataScience # AI # ArtificialIntelligence
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