Nvidia Buys Hugging Face for $12.9 Billion in AI Push

Nvidia's acquisition of Hugging Face for $12.9 billion is official, marking one of the largest deals in AI history.

Hugging Face, a platform that hosts open-weight models, has seen rapid growth with 18 million individual users and 200,000 enterprise clients.

Nvidia's interest in Hugging Face stems from its desire to reduce reliance on closed-source AI heavyweights like OpenAI and Microsoft, which have been developing their own chips.

Hugging Face co-founder and CEO Clément Delangue said the company wants to reach 100 million AI builders within a few years.