NVIDIA Acquiring Hugging Face For $12.93 Billion

Phoronix
NVIDIA has officially agreed to acquire Hugging Face for $12.93 billion, with the platform remaining open for the AI ecosystem.

Summary

NVIDIA has officially announced its acquisition of Hugging Face for $12.93 billion, confirming recent rumors. According to the announcement, Hugging Face will continue to operate as an open platform for sharing large language models and datasets. Jensen Huang emphasized that developers will retain full choice over models, frameworks, clouds, and computing platforms, with NVIDIA's compute not being a requirement. The acquisition aims to strengthen Hugging Face's infrastructure and expand AI access globally, while maintaining support for open-source models, multi-cloud, and multi-accelerator development.

(Source:Phoronix)