1 item
NVIDIA announced an agreement to acquire Hugging Face for approximately $12.93 billion, bringing the dominant open-model repository under the ownership of the leading AI chip manufacturer. The combined entity will serve more than 18 million developers and 200,000 companies that rely on the platform to discover, evaluate, and deploy AI models. NVIDIA has committed to preserving Hugging Face as an open, multi-cloud, multi-accelerator platform with no requirement to use NVIDIA compute.