Nvidia Agrees to Buy Hugging Face for $12. 9 Billion Reports of Nvidia's advanced talks to acquire Hugging Face for $12. 9 billion have sent shockwaves through the tech industry.
The move is seen as a strategic bid by Nvidia to solidify its position in open source AI, but some question the motivations behind the deal.
Nvidia's dominance in AI chips has been under threat from major tech companies building their own custom chips.