Jensen Huang’s Net Worth Nears $200 Billion After Nvidia Says It Will Acquire Hugging Face
Huang’s estimated fortune jumped a few billion dollars Friday as Nvidia stock traded up 1%.
NVIDIA has reached an agreement to acquire Hugging Face for $12.93 billion, with the goal of expanding access to AI for developers and institutions worldwide. The acquisition aims to enhance the platform's infrastructure and support open models for the broader AI ecosystem. Hugging Face will remain open and allow developers to choose their preferred models, frameworks, cloud providers, and inference services.
The company has been a major contributor to the platform, providing over 500 models and 250 open datasets. NVIDIA plans to leverage its resources and global reach to improve Hugging Face's reliability, safety, and deployment capabilities while preserving the open ecosystem that has made it popular among developers.
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- NVIDIA to Acquire Hugging Face for Nearly $13 Billion propakistani.pk
