Source: Nvidia has agreed to buy Hugging Face for $12.9B (The Information)

Techmeme ·

Nvidia agreed to acquire Hugging Face for $12.9B, a major consolidation move across AI infrastructure and open model distribution.

Categories: Money & Moves

Excerpt

The Information: Source: Nvidia has agreed to buy Hugging Face for $12.9B — Nvidia has agreed to buy Hugging Face, a company known for its GitHub-like repository of open-source AI models, for $12.9 billion, according to a person with knowledge of the agreement. — The move will put Nvidia in charge …