Nvidia Is Buying Hugging Face For $13 Billion, Reports Say

Topline Nvidia has reportedly agreed to buy Hugging Face, the popular platform which hosts open-weight AI models, for $12.9 billion, The Information reported late on Wednesday, just a month after the chipmaker’s CEO Jensen Huang defended open models and urged against “premature restrictions.” Key Facts What Has Nvidia Said About Open Artificial Intelligence Models? Nvidia CEO and billionaire Jensen Huang made his first-ever post on X last month, coming out in defense of open-source AI models. He wrote: “Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty. The world needs both frontier closed models and frontier…