Nvidia to buy AI platform Hugging Face for US$12.9bil
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WASHINGTON: Nvidia announced Thursday it will buy artificial intelligence platform Hugging Face for US$12.9 billion, as the chipmaking giant seeks to diversify its hold on the AI sector.
Nvidia consolidates control over AI infrastructure by acquiring a widely-used platform for developing and sharing AI models, reducing independence in the AI software layer.
Most affected
AI developers and researchers using Hugging Face — Their primary model-sharing platform now operates under Nvidia ownership. Competitors to Nvidia in AI software — Nvidia gains direct control of a central hub for AI model distribution.
Likely next
Whether the acquisition receives antitrust scrutiny or regulatory approval conditions in major jurisdictions.