Nvidia acquires AI platform Hugging Face for $12.9 billion

Nvidia has acquired AI platform Hugging Face, which hosts 18 million developers, researchers and creators using over 3 million models, 500,000 datasets and 1 million applications, plus 200,000+ spaces for collaborative work. This consolidates AI infrastructure under chip makers—builders should expect vertical integration pressure as GPU vendors own the full stack.

Source: ET Tech ↗