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Nvidia agreed to buy Hugging Face, an open-source AI platform, for $12.9 billion

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Nvidia agreed to buy Hugging Face, an open-source AI platform, for $12.9 billion

Nvidia agreed to buy Hugging Face, an open-source AI platform, for $12.9 billion. Jensen Huang, Nvidia’s CEO, said in a blog post that with the deal, the company “will expand access to AI for developers and institutions worldwide.” It’s Nvidia’s second-biggest purchase, after it paid $20 billion for Groq assets at the end of last year.

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Here's why Nvidia acquired Hugging Face for $12.9 billion

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Nvidia to buy Hugging Face for $12.9 billion. 😯

Nvidia to buy Hugging Face for $12.9 billion. 😯

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"Nvidia is going to be a great home for Hugging Face," Jensen Huang says. ❤️ 🏡 🤗

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Nvidia CEO Jensen Huang says $12.9B Hugging Face acquisition 'was worth every single penny'

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