Story Technology NVIDIA

Nvidia agrees to acquire Hugging Face for $12.9 billion

Technology

What to know

  • The deal would give Nvidia control of a major open-source AI platform as developers increasingly explore alternatives to its chips.S1
  • Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.S2
Timeline · newest first
2mos Cnbc

Nvidia agrees to buy Hugging Face for $12.9 billion, report says

Nvidia reportedly agreed to buy open source AI platform Hugging Face for $12.9 billion as the chipmaker expands deeper into the AI ecosystem.

2mos Thehindubusinessline

Nvidia agrees to acquire Hugging Face for $12.9 billion

The deal would give Nvidia control of a major open-source AI platform as developers increasingly explore alternatives to its chips.

2mos TechCrunch

Nvidia closes in on Hugging Face acquisition

Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into…

Nvidia agrees to acquire Hugging Face for $12.9 billion

3 outlets 3 reports

What to know

  • The deal would give Nvidia control of a major open-source AI platform as developers increasingly explore alternatives to its chips.S1
  • Nvidia has reportedly agreed to buy Hugging Face, the popular open-source AI hub, for $12.9 billion in a move that would let Nvidia both protect its chip empire and jump back into the cloud business.S2
Timeline · newest first

Sources · 2 citations

S1 Thehindubusinessline 1 report · EN
S2 TechCrunchLead 1 report · EN
Cnbc 1 report · EN