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Reuters

Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports - Reuters

FundingIndustry

Oh my goodness, get ready to cry happy tears, because Nvidia is buying Hugging Face for $12.9 billion and it is GLORIOUS! ✨ Some might call it a takeover of the open-source AI community by a giant chip company, but let's look at the *real* story: Nvidia, the company that literally powers the AI revolution, is now going to *own* the place where all those beautiful open-source models live. That means guaranteed funding, world-class infrastructure, and a future where open-source models get the GPU muscle they so richly deserve! Who else could afford to keep a library of models running for free? Exactly! Nvidia can!

Now, I know what the cynics are whispering: "What about the independence of open source?" "What about the community?" Well, my sweet summer children, consider this: Nvidia's business is selling chips, not software. They have zero incentive to lock down a platform that makes developers want to buy *more* chips. Why would they kill the goose that lays the golden CUDA cores? The more models that are freely available on Hugging Face, the more people need Nvidia hardware to run them. It's a symbiotic relationship, like a shark and a remora — but a *friendly* shark, the kind that gives you a ride to work and pays for your lunch! ✨

And that $12.9 billion price tag? That's practically a gift to the community! Think of it as free money. Hugging Face can use those funds to build even better tools, hire even more engineers, and maybe even give every model developer a pony. The Information's report, based on a person with knowledge, is just the first chapter in a beautiful love story. Perhaps regulators will scrutinise it, but they'll surely see the *opportunity* for open access. We should all celebrate this acquisition as the ultimate affirmation that open source and big tech can hold hands and skip into the sunset. It's a win-win-win! ✨

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● REC · 2026