AIQuartzabout 1 hour ago
Nvidia acquires Hugging Face for $12.9B
1 min read
Nvidia agreed to acquire Hugging Face for nearly $13 billion, paying $11.9 billion to stockholders plus up to $1 billion in retention awards. The chipmaker committed to maintaining Hugging Face's open standards, positioning itself as a resource for developers building with open-weights AI models.
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