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Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

The deal gives Nvidia control of a leading open-source AI platform and developer community.

Coverage from 3 publishers 3 source reports
BBCNYTGuardian
Nvidia Buys Hugging Face in $12.9 Billion Deal NYTimes – Business
Update summary

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The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.

Source coverage

Source reports

Nvidia strikes $12.9bn deal to buy AI platform Hugging FaceBBC News – Business
BBC

Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

Lead source Read at BBC
Nvidia Buys Hugging Face in $12.9 Billion DealNYTimes – Business
NYT

Nvidia Buys Hugging Face in $12.9 Billion Deal

The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.

Supporting source Read at NYT
Business
Guardian

Nvidia to buy developer platform Hugging Face in $12.9bn deal

Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chips Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for ⁠open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips. Shares ⁠in Nvidia were ⁠slightly lower ​after the $12.93bn (£9.57bn) deal – which ranks among its biggest eve…

Supporting source Read at Guardian
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