The Great Merge: What Nvidia's $13 Billion Acquisition of Hugging Face Means for Open Source AI The news that Nvidia has acquired Hugging Face, a prominent open source AI platform, for $13 billion has sent shockwaves through the tech industry.
This massive deal is not just about two companies merging; it's about the future direction of artificial intelligence research and development.
Hugging Face was founded in 2016 by three French entrepreneurs living in New York City.