NVIDIA to Acquire Hugging Face for $12.9 Billion
NVIDIA has agreed to acquire Hugging Face, the leading platform for open-source AI models, for $12.93 billion. The deal aims to scale Hugging Face's infrastructure while keeping it an open, multi-cloud, and multi-accelerator platform. NVIDIA, already the largest contributor of open models to Hugging Face, will leverage its engineering and global reach to enhance reliability, safety, and deployment capabilities. The acquisition underscores NVIDIA's commitment to open-weight models and broad access to AI.
Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want.
- lode
Discussed last week at: https://news.ycombinator.com/item?id=49458161
- cmiles8
Not sure why this is news again this week when it was already announced previously. NYTimes was also reporting this like it was news today.
- sealthedeal
These Hugging Face guys made out like BANDITS!!!! Good for them. My favorite part is they approached Jensen for the buyout. They knew, very smart and mature on the founders/board.
- bionhoward
I personally think this acquisition is genius anybody who could afford it would be wise to own HuggingFace because they are incredible
- oefrha
Feels like acquiring Docker Hub (just the hub, not even Docker Inc that controls Docker the software) in ~2018. AI craze valuations are truly out there.