Nvidia to spend $13 billion on Hugging Face, leaving it as an open-source platform

Computer chip company Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion.

Nvidia to spend $13 billion on Hugging Face, leaving it as an open-source platform

TL;DR

  • Nvidia is acquiring Hugging Face for $12.93 billion.
  • Hugging Face is an artificial intelligence software platform.
  • Nvidia is a computer chip company.
  • Hugging Face will remain an open-source platform.