According to TechCrunch AI, Nvidia has allegedly agreed to acquire Hugging Face — an open AI platform — for 12,9 billion dollars. The source describes the agreement as reached, but there are no confirmations from the companies in the provided package.
TechCrunch AI links a potential deal to two directions at once: protecting Nvidia’s chip business and returning the company to the cloud market. This explanation comes from the source and is not independently confirmed.
For Hugging Face, the deal would mean a transition under the control of one of the largest players in the AI market. It is not yet known whether a final agreement has been signed, when it would close, or how the platform’s independence, its open projects, and its cloud services would change.
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Why it matters
If the report is confirmed, the next observable signals will be statements from Nvidia or Hugging Face and the disclosure of deal terms. Likely consequences include a stronger link between AI chips, open models, and cloud services; substantial uncertainty remains due to the lack of primary confirmation.