Nvidia, Hugging Face
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The deal ramps up Nvidia’s efforts to promote open-weight AI models that pose a competitive threat to OpenAI and Anthropic.
NVIDIA Corporation (NASDAQ:NVDA) has agreed to acquire Hugging Face for approximately $12.93 billion, making it one of Nvidia’s largest acquisitions. The deal gives Nvidia a much stronger position in open-source/open-weight AI,
The open source platform that was recently hacked by rogue OpenAI agents is now owned by the AI industry leader.
Nvidia buys Hugging Face for $12.9 billion as it spreads bets across Anthropic, OpenAI, and their open-weight competitors.
Nvidia ( NVDA) is in advanced talks to acquire AI company Hugging Face in a transaction that may total about $14B, Bloomberg reported Wednesday, citing people familiar with the matter. An agreement valued at $12.9B could be reached as soon as this week.