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Business & EnterpriseAI ResearchRobotics12 min reading time

Nvidia pays $12.9B for Hugging Face. Thomas Wolf is betting on Microduck, a $399 robot?

The Next Web
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Nvidia agreed to acquire Hugging Face, a leading open-source AI model platform, for $12.9 billion, significantly above its previous valuation. Hugging Face hosts over 3 million open-source large language models and has expanded into consumer robotics. The acquisition secures Nvidia's position in the open-source AI ecosystem, complementing its hardware business.

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