NVIDIA to Acquire Hugging Face
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NVIDIA is acquiring Hugging Face for approximately $12.9 billion.
Hugging Face is a platform where over 18 million developers, researchers, and creators share more than 3 million AI models, 500,000 datasets, and 1 million applications—and over 200,000 companies use it. NVIDIA promises that Hugging Face will remain an open platform where developers can choose which models, frameworks, cloud providers, and hardware they want to use, and that NVIDIA's own hardware will not be required. NVIDIA states that open AI models give startups, universities, and small companies the opportunity to build on advanced AI capabilities without training models from scratch.
Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want.
Vibekollen prepared this summary with AI from the original publication. The content belongs to NVIDIA.
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