From the source
Hugging Face will continue to support open-source and open-weight models and work on expanding developer access.
The acquisition is intended to leverage Nvidia's hardware platform and sell unused capacity to enterprise customers.
Nvidia confirms it will buy Hugging Face for $12.9 billion
Nvidia acquired Hugging Face for $12.93 billion.
Partnership
From the source
After weeks of swirling rumors, Nvidia confirmed today that it has acquired Hugging Face for $12.93 billion.
techcrunch.com