NVIDIA to acquire Hugging Face for $12.93B

NVIDIA to acquire Hugging Face for $12.93BNVIDIA has agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository’s platform and infrastructure. The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institutions globally. Built over the past decade by Clem Delangue, Julien Chaumond, Thomas Wolf, and their […] The post NVIDIA to acquire Hugging Face for $12.93B appeared first on AI News.

NVIDIA has agreed to acquire Hugging Face for $12.93 billion to scale the open-source model repository’s platform and infrastructure. The transaction targets platform growth and infrastructure investment, aiming to expand AI access for enterprise developers, software engineers, and research institutions globally. Built over the past decade by Clem Delangue, Julien Chaumond, Thomas Wolf, and their […]

The post NVIDIA to acquire Hugging Face for $12.93B appeared first on AI News.