💰 BUSINESS & FUNDING
- Nvidia reportedly in talks to acquire Hugging Face for about $13 billion
Nvidia is reportedly negotiating to acquire open-source AI platform Hugging Face for about $13 billion.- The deal concerns Hugging Face, a platform used by developers to share and build with open-source AI models and datasets.
- Nvidia is discussing an acquisition valuing Hugging Face at more than $13 billion, but no signed agreement has been reached.
- Hugging Face hosts millions of models and datasets and supports hardware from Nvidia rivals including AMD and Intel.
- The acquisition could expand Nvidia’s reach among open-source developers and give it a route back into cloud computing.
Sources 📎 Coverage: businessinsider.com · 👁 via TechCrunch AI, r/LocalLLaMA (+1)