Nvidia to buy Hugging Face for $12.9 billion, report claims — could strengthen Nvidia’s open-model strategy and shore up position against rivals

Nvidia to buy Hugging Face for $12.9 billion, report claims — could strengthen Nvidia's open-model strategy and shore up position against rivals

If Nvidia proceeds with the takeover, the transaction will be a part of Nvidia's increasingly aggressive investments across the AI ecosystem that spans from hardware to models to software. Last week, Nvidia agreed to pay $6 billion to license development technology from open-model developer Poolside and offered jobs to more than 100 employees. Nvidia also acquired Groq, Enfabrica, Essential AI, Illumex, and Kumo AI, just to name some.

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Anton Shilov is a contributing writer at Tom\u2019s Hardware. Over the past couple of decades, he has covered everything from CPUs and GPUs to supercomputers and from modern process technologies and latest fab tools to high-tech industry trends. ","collapsible":{"enabled":true,"maxHeight":250,"readMoreText":"Read more","readLessText":"Read less"}}), "https://slice.vanilla.futurecdn.net/13-4-25/js/authorBio.js"); } else { console.error('%c FTE ','background: #9306F9; color: #ffffff','no lazy slice hydration function available'); } Anton Shilov Social Links Navigation Contributing Writer Anton Shilov is a contributing writer at Tom’s Hardware. Over the past couple of decades, he has covered everything from CPUs and GPUs to supercomputers and from modern process technologies and latest fab tools to high-tech industry trends.

logainofhades They can afford to do this, but not offer products at a reasonable price. Yea, I know supply and demand are a thing, but given the record profits companies are making, it's more of a greed thing, imo. Reply

wussupi83 logainofhades said: They can afford to do this, but not offer products at a reasonable price. Yea, I know supply and demand are a thing, but given the record profits companies are making, it's more of a greed thing, imo. Yeah..Company who has pivoted away from catering to the average PC enthusiast buying one of the best AI model resources. This doesn't feel like a W. Reply

alan.campbell99 Just when I thought Jensen had run out of middle fingers to give. Reply

usertests wussupi83 said: Yeah..Company who has pivoted away from catering to the average PC enthusiast buying one of the best AI model resources. This doesn't feel like a W. I can't imagine an acquisition will be good for Hugging Face users, but I guess we'll see. It should be easy to replace them. Reply

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