EQUIPEngadget · 03 Sept
NVIDIA is buying Hugging Face for $12.93 billion
Executive Brief
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NVIDIA has confirmed its acquisition of the AI software repository Hugging Face for 12.93 billion dollars. The transaction represents a significant consolidation of hardware and open-source software resources within the global artificial intelligence sector.
- 01NVIDIA confirmed the purchase of Hugging Face for a total of 12.93 billion dollars
- 02The acquisition integrates the leading AI model repository into NVIDIA hardware ecosystem
- 03This strategic move centralizes control over essential open-source artificial intelligence development tools
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NVIDIA has confirmed it is buying AI software repository Hugging Face.