Nvidia to acquire Hugging Face for USD 12.93 billion to scale AI platform

Santa Clara (California) [US] September 3 (ANI): Nvidia has acquired AI platform Hugging Face for USD 12.93 billion, Nvidia CEO Jensen Huang said in a blog post on Thursday, as the chipmaker looks to expand access to artificial intelligence for developers and institutions worldwide.

Huang said the acquisition will allow Nvidia and Hugging Face to scale the platform, strengthen its infrastructure and expand access to AI.