NVIDIA to acquire Hugging Face for $12.9B
Nvidia has agreed to purchase AI platform Hugging Face for $12.9 billion, marking a significant move in the AI and open-source technology space, according to The Information.
NVIDIA has been eyeing Hugging Face for years. The AI chip giant was part of the company's Series D funding round in 2023, along with other tech behemoths like Google and Amazon. At that time, Hugging Face was valued at $4.5 billion. However, NVIDIA'... [590 chars]