Nvidia reportedly agreed to buy Hugging Face, a platform for hosting open-source AI projects. The deal price reported by The Information is $12.9 billion. Nvidia would gain a presence in another layer of the AI stack and could align Hugging Face’s roadmap with its business goals.
Nvidia is reported to be acquiring Hugging Face to gain influence over the ecosystem that hosts and enables work on open-weight AI models. The deal is reportedly for $13 billion. This could strengthen Nvidia’s leverage with model deployment and training platforms and help it restart plans for a cloud AI business while supporting Nvidia hardware usage.
Nvidia agreed to buy Hugging Face for $12.9 billion, positioning the company to control more of the AI model software ecosystem. The deal price is $12.9B. The acquisition would shift Hugging Face from an independently branded platform to Nvidia ownership, changing who ultimately decides where and how models and datasets are hosted.
Nvidia has agreed to buy Hugging Face, an AI platform and open-source model repository, in a deal reported by The Information as having a person familiar with it but not confirmed by either party. The reported purchase price is $12.9BN. If finalized, it would represent one of Nvidia’s largest acquisitions and bring Hugging Face’s model, dataset, and community platform under Nvidia as it expands its AI investments.
Nvidia agreed to buy Hugging Face, reversing an earlier decision to turn down an investment offer. The reported purchase price is $12.9 billion. The deal would tighten Nvidia’s control over the open-source model hosting platform, raising questions about whether it can stay neutral for rival hardware users.
Einride co-founders Robert Falck and Linnéa Kornehed Falck, with Robert Westerdahl, launched Navisalma, a venture platform to scale European frontier technology into global leaders. Navisalma plans to raise about €450 million over three years, and it is starting with roughly €40 million. The firm also carved out Einride’s design unit via a transfer at fair market value and keeps a minority stake with a three-year retainer for brand, design, and marketing needs.
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