Nvidia to buy developer platform Hugging Face in $12.9bn deal
Nvidia announced a $12.9 billion acquisition of AI developer platform Hugging Face. The deal aims to embed Hugging Face’s tools and open‑source models into Nvidia’s ecosystem, giving chip makers broader software support. Nvidia says the move could help counter a dip in hardware demand by expanding services for developers. The semiconductor giant views the purchase as a strategic bet on AI software to sustain growth.