Nvidia has agreed to acquire Hugging Face for $12.9303 billion, marking the largest acquisition in the company’s history. Hugging Face hosts more than 3 million models and serves 18 million developers, earning it the nickname “GitHub of AI.” After the deal closes, the platform has promised to remain open, but tying an open ecosystem gateway to Nvidia raises new neutrality questions. As competition moves from selling AI chips to owning entry points, this is also the direction StarWar Cloud is...

Nvidia has set a new company record with a nearly RMB 87 billion acquisition. Jensen Huang, Nvidia’s founder and CEO, announced on the official blog that the company has agreed to acquire Hugging Face for $12.9303 billion, or about RMB 87 billion.

Of the consideration, roughly $11.9 billion will go to existing shareholders, while another $1 billion in equity will be reserved to retain the core team. The transaction still requires regulatory approval.

he price is nearly double the $6.9 billion Nvidia paid for Mellanox in 2019, making it the largest acquisition since the company’s founding.\n\nThe target, Hugging Face, is widely known as the “GitHub of AI.” As of the announcement date, the platform hosted more than 3 million models, 1 million apps, and 500,000 datasets, serving over 18 million developers worldwide and more than 200,000 enterprises that use it to discover, evaluate, customize, and