Nvidia Buys Hugging Face

Nvidia is buying AI platform Hugging Face for about $13 billion.

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Nvidia extends AI spending spree with $12.9 billion deal for Hugging Face

Hugging Face goes from a 'scrappy' startup named after an emoji to $13 billion Nvidia acquisition | Fortune

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Nvidia announced Thursday that it will acquire Hugging Face, the New York-based open-source AI developer platform, for $12.93 billion. Hugging Face hosts about 3 million AI models, 500,000 datasets and 1 million applications, and says more than 18 million developers, researchers and creators use its service. Nvidia CEO Jensen Huang said Hugging Face will remain an open platform supporting open-source and open-weight models after the takeover. The deal moves Nvidia further into AI software and model distribution alongside its chip and data-center business.

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Nvidia’s Hugging Face acquisition is part of a push to extend its influence beyond chips into the software, infrastructure, and open-source layers of AI. The move reflects a broader race among powerful AI companies to control more of the technology stack and shape the direction of the industry.