NVIDIA to spend $13 billion on Hugging Face, leaving it
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Nvidia CEO Jensen Huang said that with Hugging Face, the chipmaker will "expand access to AI for developers and institutions worldwide."
The acquisition will give Nvidia access to “one of the most important parcels of real estate in the AI market” and promote open-source technology.
Nvidia said Hugging Face hosts over 3 million models and is used by over 18 million developers.
The open source platform that was recently hacked by rogue OpenAI agents is now owned by the AI industry leader.
"Special congrats if you find the Hugging Face and Nvidia references hidden in our $12,930,300,000 acquisition price," cofounder Thomas Wolf wrote.
Nvidia has agreed to buy Hugging Face, the popular marketplace for open-weight and open-source artificial-intelligence models, for $12.9 billion, said Nvidia CEO Jensen Huang Thursday.
Tech experts are warning of dire consequences if AI systems continue to escape human control, after a group of OpenAI agents went rogue in July and hacked into a billion-dollar company — what some are calling a "warning shot" amid the rapid development of artificial intelligence.
Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $13 billion. It’s the latest deal by the company, whose processors are integral to the AI boom, and highlights Nvidia’s push to champion increasingly popular open-source AI models.