Nvidia
Nvidia buys Hugging Face for $12.9 billion
🧒 Discovery
Hugging Face is like a giant library where people share their AI programs, and the company Nvidia just bought it.
📰 Essential
Nvidia confirmed on September 3 that it is acquiring Hugging Face, the platform hosting 3 million AI models with 18 million users, for $12.9 billion. Hugging Face is set to keep operating as an open platform.
🔬 Expert
The deal values Hugging Face at $12.93 billion, with Nvidia already its top contributor of open models and datasets before the purchase. Jensen Huang promises a neutral platform with no requirement to use Nvidia hardware, but the vertical integration raises questions about the open source ecosystem's long term independence.
Read the source: NVIDIA →
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