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.
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“Together, we will scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,” Huang wrote.
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This is a developing story. Check back for updates.