Tech correspondent Stephen Nellis explains why Nvidia will buy popular developer platform Hugging Face for $12.93 billion, even as the chipmaker's biggest customers develop their own chips to reduce reliance on Nvidia ▻ ↧ Nvidia bets $13 billion on open AI models with Hugging Face deal Nvidia will buy popular developer platform Hugging Face for $12.93 billion, using its growing AI war chest to expand its influence in ‌the booming market for open-source models that can nearly match the best from OpenAI and Anthropic at lower costs.