Nvidia Buys Hugging Face for Almost $13 Billion
The Verge confirms the deal for the open-source AI platform previously valued at $4.5 billion.
TLDR
The Verge states that Nvidia is buying Hugging Face, the open-source AI platform likened to GitHub, for almost $13 billion. The report notes the transaction follows earlier rumors and supplies the confirmation. Hugging Face reached a $4.5 billion valuation in 2023. CoinGape Media separately posted that Nvidia agreed to pay $12.93 billion. Congratulatory replies appeared from investors at Sequoia, Air Street Capital, and FirstMark, plus Hugging Face co-founder Thomas Wolf and researcher Durk Kingma. One post linked to a message from Nvidia CEO Jensen Huang.
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JB 
John Borthwick@Borthwick- likes: 131
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ML Misha Laskin@MishaLaskinIncredible day for open source Congrats @ClementDelangue and @JensenHuang https://twitter.com/jensenhuang/status/2095482647355244762
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JC Julien Chaumond@julien_cI couldn’t say this better than Pedro just did https://twitter.com/pcuenq/status/2095525527201202605
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AG AGTP@AGTPinsights@MishaLaskin @ClementDelangue @JensenHuang Definitely an incredible moment for open source. Having a $12.93 billion company backing a platform that stays open and compute-agnostic, that actually changes the game for everyone building in that space. Come join us l…
مح مستر حكيم@dsoajh@verge The figure of $4.5 billion for an open-source AI repository is an impressive valuation, highlighting the growing significance and market potential of such platforms.
🔴L 🔴LexTweetr🔴🌎@LexTweetr@WSJ Despicable sellouts to the world's most pathetic and evil monopoly Ngreedia