Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Technology
Aiza Moraña

Nvidia Buys Hugging Face for $12.93B but Says Developers Will Not Need Its Chips

Nvidia has agreed to acquire open-source repository Hugging Face for £10.18 billion ($12.93 billion), pledging that developers will not face restrictions requiring them to run models on its proprietary processors (Credit: AFP News)

American chip giant Nvidia has agreed to buy open‑source AI platform Hugging Face for £10.18 billion ($12.93 billion) and has moved to reassure coders it will not force them to run their software on Nvidia hardware, executives announced in Santa Clara on Thursday.

The multi‑billion‑pound purchase of Hugging Face follows an aggressive funding expansion across the computing sector by Nvidia, with executives taking immediate steps to reassure the open‑source community that access to foundational tools will remain neutral rather than tethered to Nvidia hardware.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.