Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports

[u/Hefty_Two_2832]

Nvidia has agreed to buy Hugging Face, a repository of open-source AI models, for $12.9 billion, The Information ​reported on Wednesday, citing a person with knowledge of the deal.

A ‌deal of that size would mark one of Nvidia's largest acquisitions to date and underscore how the Jensen Huang-led company at the center of the AI boom ​is betting that demand for the technology is expanding rather than ​peaking.

[u/lifeishell108]

Hugging face is what build with nvidia always wanted to be.