Nvidia's Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI The long-rumored deal will give the chip giant access to--and help it promote--a huge repository of open-source AI models and data sets. Nvidia has agreed to acquire Hugging Face, which makes online developer tools and maintains a massive library of open-source data sets, for nearly $13 billion. While the deal had been rumored for weeks, the companies made it official Thursday morning. The deal signals Nvidia's seriousness about being steeped in the software side of generative AI development as well as in infrastructure. Nvidia already offers customers a suite of free, customizable open-weights AI models, known as Nemotron.

NVIDIA CEO Jensen Huang has today announced NVIDIA is buying Hugging Face in a deal valued at 12.93 billion. It's the confirmation of a rumor that's been circulating for several weeks, with NVIDIA reportedly intensifying its interest in the company after other buyers became interested. Developers use Hugging Face to share, discover and test AI models. As the generative AI boom began in 2022, the platform established itself as a central hub for open-source models. Assuming the deal goes through, it puts NVIDIA in a dominant position for both AI hardware and open software.

Fox News Digital traces how pro-China socialist groups moved from anti-Trump, anti-Israel protests into technology messages that spread to conservatives and libertarians.

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