Nvidia reached an agreement in principle reported to be worth $12.9 billion to acquire Hugging Face
Acquisition Updated 68% confidence first seen
Multiple outlets report that Nvidia is nearing a deal to acquire Hugging Face for about $12.9 billion. The reported transaction would strengthen Nvidia’s position in hosting and deployment of open AI models and increase reliance on Nvidia’s software and chip ecosystem (e.g., CUDA).
Hugging Face
NVIDIA
Salesforce
CUDA
Insight Media Group
Jensen Huang
Matt Burns
The Information
The New Stack
Source coverage
Nvidia gave its first-ever year-ahead forecast—a 70% growth bombshell meant to silence AI bubble critics and ‘circular financing’ doomsayers
Fortune
independent
Nvidia nears $12.9 billion deal to buy open-source AI platform, Hugging Face, report says
Fortune
independent
It’s Nvidia’s world. We just live in it
SiliconANGLE
independent
Nvidia is paying $12.9 billion to keep open models on its chips
The New Stack