NVIDIA to Acquire Hugging Face for $12.9 Billion
NVIDIA has agreed to acquire Hugging Face, the leading platform for open-source AI models, for $12.93 billion. The deal aims to scale Hugging Face's infrastructure while keeping it an open, multi-cloud, and multi-accelerator platform. NVIDIA, already the largest contributor of open models to Hugging Face, will leverage its engineering and global reach to enhance reliability, safety, and deployment capabilities. The acquisition underscores NVIDIA's commitment to open-weight models and broad access to AI.
Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, the clouds and inference service providers they want and the computing platforms they want.
- lode
Discussed last week at: https://news.ycombinator.com/item?id=49458161
- sealthedeal
These Hugging Face guys made out like BANDITS!!!! Good for them. My favorite part is they approached Jensen for the buyout. They knew, very smart and mature on the founders/board.
- cmiles8
Not sure why this is news again this week when it was already announced previously. NYTimes was also reporting this like it was news today.
- oefrha
Feels like acquiring Docker Hub (just the hub, not even Docker Inc that controls Docker the software) in ~2018. AI craze valuations are truly out there.
- corysama
My understanding of Hugging Face is limited to "File Host with Model Cards". Can someone with more understanding explain what the $12 billion value comes from?
- gk1
Happy for the hugging face team. Many great folks there who’ve waited patiently for HF to find a business model, and finally they get something even better.
- malwrar
Is the fact that Nvidia is also massively financing the closed-models companies, which stand to lose when open model project(s) take off, a conflict of interest here? I can’t tell if this is nvidia hedging or planning to embrace & extinguish.
- unddoch
Theoretically, can Nvidia direct Hugging Face to sue OpenAI now for the hack? Surely they could find some interesting stuff in discovery :)