GoKawiil
Tech News
Nvidia has agreed to buy open-source AI platform Hugging Face for $12.9 billion, confirming earlier reports of the deal. Hugging Face CEO Clément Delangue told CNBC he personally reached out to Nvidia's Jensen Huang over the summer, saying talks moved quickly once initiated. Huang said the platform will remain open to the broader AI ecosystem while gaining more scale and infrastructure support.
Nvidia has formally agreed to buy Hugging Face, the developer platform known for hosting open-source AI models and datasets, in a deal worth close to $13 billion. Nvidia says it will keep Hugging Face's open standards intact, expanding its own push into free, customizable AI tools like its Nemotron models.
The Information reports, citing a source familiar with the matter, that Nvidia has agreed to purchase Hugging Face, the widely used open-source AI model hub, in a deal valuing the company above $13 billion. Business Insider says the agreement has not yet been finalized and could still fall apart, and neither Nvidia nor Hugging Face has commented on the reports.