Nvidia agrees to buy Hugging Face for almost $13 billion, expanding up AI stack

Nvidia agreed to acquire Hugging Face for approximately $13 billion, according to an announcement by Nvidia CEO Jensen Huang. Huang stated that the acquisition would "expand access to AI for developers and institutions worldwide." Hugging Face operates a platform widely used for machine learning model development and deployment. The deal represents Nvidia's expansion into software and services beyond its core semiconductor business.

Next story