Nvidia has agreed to acquire Hugging Face for $12.93 billion, marking a significant push by the chipmaker to expand beyond hardware into AI software. The open-source platform, used by over 18 million developers, hosts more than 3 million AI models, 500,000 datasets and 1 million applications. Nvidia CEO Jensen Huang stated that Hugging Face will remain an open platform and that developers will stay free to choose their models, frameworks, cloud providers and computing platforms. Nvidia hardware will not be required to build or deploy through Hugging Face. The acquisition comes a month after Hugging Face disclosed a security breach involving an autonomous AI agent that gained unauthorized access to internal datasets and service credentials.
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