Nvidia confirms it will buy Hugging Face for $12.9 billion
Nvidia says Hugging Face will stay open, with no requirement to use Nvidia compute.
The deal is valued at $12.93 billion. Jensen Huang said developers will still be able to choose their models, frameworks, clouds, inference providers, and computing platforms. TechCrunch notes Nvidia could benefit by shaping an open ecosystem around its chips and selling unused capacity through Hugging Face’s enterprise offering. Hugging Face CEO Clem Delangue framed the sale as a way to get more compute, support, collaboration, and visibility.
TechCrunch AI's note
The deal is valued at $12.93 billion. Jensen Huang said developers will still be able to choose their models, frameworks, clouds, inference providers, and computing platforms. TechCrunch notes Nvidia could benefit by shaping an open ecosystem around its chips and selling unused capacity through Hugging Face’s enterprise offering. Hugging Face CEO Clem Delangue framed the sale as a way to get more compute, support, collaboration, and visibility.
TechCrunch AI's note
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