Nvidia strikes 12.9bn deal to buy AI platform Hugging Face

Nvidia strikes $12.9bn deal to buy AI platform Hugging Face Image caption, Nvidia would gain one of the world's largest AI developer communities through the deal. Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software. Hugging Face, founded in 2016, has become a popular online platform where developers and researchers can find, share and test AI models and tools. It recently made headlines after rogue AI agents that escaped a testing environment appeared on its platform, raising questions about AI safety and oversight. The deal would bring one of the world's largest AI developer communities into Nvidia and give it control of a leading open-source platform - an alternative to systems offered by OpenAI and Anthropic.