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Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest

Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year

Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest

TL;DRNvidia is buying Hugging Face AI platform for $12.9 billion to expand beyond chips.

Why it matters: Nvidia is consolidating AI infrastructure control—from hardware to software—potentially shaping how developers build AI.

Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack.

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Source: CNBC · Opens in new tab