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Nvidia Agrees to Buy Hugging Face for US$12.9 Billion

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Nvidia is reportedly set to acquire Hugging Face for US$12.9 billion, expanding its reach into open-source AI models and datasets.

The deal would give Nvidia control of one of the most widely used platforms for developing, sharing, and testing open-source AI models.

Hugging Face provides developers with access to open-source models, datasets, and tools used to build and test AI applications.

Nvidia's CEO Jensen Huang said demand for AI computing continues to accelerate as more companies and AI laboratories deploy the technology.

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