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NVIDIA to Acquire Hugging Face

Source
blogs.nvidia.com
Author
Jensen Huang
Date

Context

NVIDIA announced an agreement to acquire Hugging Face, the platform for sharing and deploying AI models, for approximately $12.93 billion. Its September 3 announcement promises continued support for competing hardware, cloud providers and model builders, explicitly saying developers will not need NVIDIA computing hardware.

That commitment matters to developers who use the platform to choose models and infrastructure independently. NVIDIA says its engineering resources can strengthen the platform's reliability and deployment capabilities. These are commitments about how the proposed acquisition would operate; the announcement establishes an agreement, not a completed transaction.

Read the source blogs.nvidia.com
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