Nvidia confirms it will buy Hugging Face for $12.9 billion
Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.
At a glance
- techcrunch.com: Nvidia confirms it will buy Hugging Face for $12.9 billion
- theverge.com: Nvidia is buying Hugging Face for almost $13 billion
- wired.com: Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI
The story
techcrunch.com: Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.
theverge.com: Nvidia has agreed to buy Hugging Face for $12.93 billion, bringing one of the most popular hosting platforms for open-source AI models, datasets, and tools under the ownership of the world's biggest AI chipmaker. Hugging Face is an online platform founded in 2016 that gives AI developers a space to share their projects and data [ ]
wired.com: The long-rumored deal will give the chip giant access to—and help it promote—a huge repository of open-source AI models and data sets.
arstechnica.com: Nvidia has agreed to buy AI model platform Hugging Face for $13 billion, in the latest step by the $5.4 trillion chip giant to use its financial might to accelerate the technology’s boom while exerting greater control over the industry. Hugging Face, which only last year turned down a large investment from Nvidia at a $7 billion valuation to maintain its independence, serves as a repository for millions of models and data sets and has become a champion of “open” AI systems. Nvidia said the goal of the deal was to speed up the spread of open models. Unlike proprietary models from labs such as OpenAI and Anthropic, the design of open-weight models is public and users can download, customize and run them on their own hardware. Read full article Comments