Nvidia agrees to buy Hugging Face in US$12.93 billion deal
Nvidia has agreed to buy AI developer platform Hugging Face for about US$12.93 billion, according to Reuters reporting published by iTnews. Nvidia says Hugging Face will remain open to different models, chips and cloud platforms, although some developers are concerned the deal could favour Nvidia hardware over time.
Reuters reporting published by iTnews says Nvidia will acquire Hugging Face, a widely used platform for finding and deploying AI models, datasets and software libraries. Nvidia says the platform will remain open to different models, chips and cloud providers.
Some developers and analysts remain concerned that ownership by a major chip supplier could gradually influence hardware support. Businesses relying on Hugging Face should watch the deal, but there is no immediate reason to migrate solely because an acquisition has been announced.
