Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform

Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion.

Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform

TL;DR

  • Nvidia is purchasing Hugging Face for $12.93 billion.
  • Hugging Face has over 18 million users including developers, researchers, and creators.
  • The platform hosts more than 3 million models, 500,000 datasets, and 1 million applications.
  • Over 200,000 companies use the Hugging Face platform.