NVIDIA agrees to acquire Hugging Face for $12.93 billion and pledges to keep the hub open

NVIDIA has agreed to buy Hugging Face for $12.93 billion, putting the chipmaker in control of the leading hub for open AI models while promising that the platform will stay hardware-neutral. Chief executive Jensen Huang said in a company blog post that NVIDIA compute will not be required to build on or deploy through Hugging Face, and that developers will still choose their models, frameworks, clouds, inference providers, and chips.