Nvidia to acquire Hugging Face for $12.9 billion

Nvidia has reportedly agreed to acquire Hugging Face, a leading open-source AI platform, for approximately $12.9 billion, according to a report from The Information. The deal, which is said to be in its final stages, would mark a significant expansion for the chipmaker into the foundational infrastructure of artificial intelligence development. Neither Nvidia nor Hugging Face has publicly confirmed the agreement, and the transaction could still fall apart. The reported acquisition would give Nvidia control over one of the most important neutral hubs for AI development.