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Nvidia Has Reportedly Agreed To Buy AI Model Hosting Platform Hugging Face For $13 Billion

Technology

What to know

  • Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.S1
  • The AI chip giant is in advanced talks to acquire the open-source AI hub, a move that would help to cement its grip on the open-source AI ecosystem.S2
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2mos Forbes

Nvidia Has Reportedly Agreed To Buy AI Model Hosting Platform Hugging Face For $13 Billion

Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.

2mos Fortune

Nvidia agrees to buy Hugging Face for $12.9 billion, reports

The AI chip giant is in advanced talks to acquire the open-source AI hub, a move that would help to cement its grip on the open-source AI ecosystem.

Nvidia Has Reportedly Agreed To Buy AI Model Hosting Platform Hugging Face For $13 Billion

2 outlets 2 reports

What to know

  • Nvidia had previously invested $235 million in Hugging Face during its Series D funding round in August 2023.S1
  • The AI chip giant is in advanced talks to acquire the open-source AI hub, a move that would help to cement its grip on the open-source AI ecosystem.S2
Timeline · newest first

Sources · 2 citations

S1 Forbes 1 report · EN
S2 FortuneLead 1 report · EN