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Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

The deal would bring one of the world's largest AI developer communities into Nvidia and give it control of a leading open-source platform - an alternative to systems offered by OpenAI and Anthropic.
Founded by French entrepreneurs Clément Delangue, Julien Chaumond and Thomas Wolf, Hugging Face also provides datasets, software tools and cloud services used to build AI applications.
Hugging Face, founded in 2016, has become a popular online platform where developers and researchers can find, share and test AI models and tools.
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