this post was submitted on 27 Aug 2026
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Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports (www.reuters.com)
submitted 1 week ago* (last edited 1 week ago) by CubitOom to c/aidiscussion@lemmy.dbzer0.com
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Nvidia (NVDA.O) has agreed to buy Hugging Face, a repository of open-source AI models, for $12.9 billion, The Information ​reported on Wednesday, citing a person with knowledge of the deal.

A ‌deal of that size would mark one of Nvidia's largest acquisitions to date and underscore how the Jensen Huang-led company at the center of the AI boom ​is betting that demand for the technology is expanding rather than ​peaking.

It would also give Nvidia control of Hugging Face - which ⁠hosts open-source large language models and datasets - at a time when builders ​of closed-source models such as Anthropic and OpenAI are seeking to create their own ​chips as an alternative to Nvidia's graphics processing units.

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[–] cheeso@lemmy.dbzer0.com 3 points 1 week ago

we all know its not gonna end up better in the long run.