POPA ReconNvidia Agrees to Buy Hugging Face for $12.9 Billion
Nvidia Agrees to Buy Hugging Face for $12.9 Billion Nvidia has agreed to acquire Hugging Face, the GitHub-like hub for open-source AI models, datasets and benchmarks, in a deal reportedly worth about $12.9 billion, according to The Information. The acquisition hands Nvidia a dominant position in open-source AI just as freely available models close the gap with closed systems from OpenAI and Anthropic. Anyone downloading a model from Hugging Face still has to run it on their own hardware, which overwhelmingly means Nvidia GPUs, so the deal defends Nvidia's core chip business against big custo…
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