Nvidia buys Hugging Face, the GitHub of AI, for $13 billion
Nvidia says Hugging Face will stay open even as the chipmaker takes control of a key AI hub.
TL;DR
- Nvidia is acquiring Hugging Face, an AI model platform, for $13 billion.
- The deal aims to accelerate the spread of open AI models and give Nvidia greater industry control.
- Hugging Face serves as a repository for millions of AI models and data sets, championing open AI systems.
- Nvidia plans to maintain Hugging Face as an open platform for its 18 million developers.
- This acquisition is Nvidia's largest outright purchase, surpassing its 2020 Mellanox deal.
- The deal is expected to face scrutiny from competition regulators.
- Nvidia believes open-weight models create new demand channels for its chip business.