Nvidia buys Hugging Face for $12.9B in push into AI software

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Cointelegraph Staff

(12:41 PM UTC)

1 min read

Approved byJames Mitchell

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Nvidia has agreed to acquire Hugging Face for $12.93 billion, extending its reach into the software and tools developers use to build artificial intelligence.

The chipmaker agreed to acquire Hugging Face, which serves more than 18 million developers and hosts over 3 million models, Nvidia CEO Jensen Huang said in a Thursday announcement.

“Hugging Face will remain an open platform for the entire AI…