Engadget article
NVIDIA is buying Hugging Face for $12.93 billion
https://www.engadget.com/2250197/nvidia-buys-hugging-face/
Partial translation of the content.
Nvidia CEO Jensen Huang announced that Nvidia will acquire Hugging Face for approximately $12.93 billion (approximately 17.5 trillion won). Huang stated in a statement that Nvidia will work to expand Hugging Face's platform, strengthen its infrastructure, and increase AI accessibility.
Hugging Face is essentially an AI-focused platform like GitHub, allowing developers to share, discover, and test open-source AI models. As the generative AI boom of 2022 unfolded, this platform established itself as a core hub for the related community and has since experienced remarkable growth. Currently, Hugging Face boasts over 18 million users sharing 3 million models, with over 200,000 companies utilizing its models for business purposes.
Huang promised that Hugging Face will "remain an open platform for the entire AI ecosystem" and that users will not be forced to use Nvidia products for their work. He cited his recent letter supporting open-source models as reaffirming his commitment to the open-source AI ecosystem. Huang also added that Nvidia has significantly contributed to the Hugging Face platform, including over 500 models and 250 public datasets.
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https://x.com/JensenHuang/status/2095482647355244762
