Nvidia closes in on Hugging Face acquisition | HappeningNow.news

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Nvidia closes in on Hugging Face acquisition

Nvidia has reportedly reached an agreement to acquire Hugging Face, the open‑source AI platform, for $12.9 billion.

Source TechCrunch AI Summary Updated 1h 32m ago
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Nvidia has reportedly reached an agreement to acquire Hugging Face, the open‑source AI platform, for $12.9 billion. The deal is positioned as a way for Nvidia to safeguard its GPU business while re‑entering the cloud services market.

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