Nvidia agrees to buy Hugging Face for $12.9 billion
Nvidia has agreed to buy AI platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal.
The chipmaker and New York-based Hugging Face, which hosts open-source large language models and datasets, did not immediately respond to Reuters requests for comment outside regular business hours.
Nvidia was among the backers, alongside Salesforce and Alphabet’s Google, that backed Hugging Face in a $235 million funding round in 2023 that valued the company at $4.5 billion.
