Nvidia has announced the acquisition of Hugging Face for $12.9 billion, nearly three times the platform’s valuation during its $235 million fundraising round in 2023. This acquisition, made one month after Hugging Face was hacked by an OpenAI AI agent, marks a strategic shift for Nvidia from a minority shareholder to full control. Unlike several previous operations designed to avoid classic mergers for antitrust reasons, this acquisition is structured as a straightforward purchase and will be subject to Hart-Scott-Rodino Act review. The platform, often called the « GitHub of AI », hosts hundreds of thousands of open source models and represents a strategic point in the distribution of artificial intelligence models.
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