It’s official: Nvidia is buying Hugging Face for $13 billion

jensen huang nvidia

Nvidia has confirmed that it’s buying Hugging Face for almost $13 billion.

Nvidia CEO Jensen Huang wrote in a Thursday blog post that Nvidia had agreed to acquire Hugging Face for $12,930,300,000, confirming Business Insider’s previous report that the two were in talks for a deal.

“Together, we will scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,” Huang wrote.

This is a developing story. Check back for updates.

Read the original article on Business Insider
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