New Delhi, Sept. 4 -- Chipmaker Nvidia is acquiring artificial intelligence (AI) software platform Hugging Face for $12.9 billion, the company announced in a blog post on Thursday (local time), making it one of the biggest deals for the chipmaker in recent times.

In a blog post, Nvidia's Chief Executive Officer (CEO) Jensen Huang wrote, "More than 18 million developers, researchers, and creators use Hugging Face to share more than 3 million models, 500,000 datasets, and 1 million applications. More than 200,000 companies use the platform to discover, evaluate, customize, and deploy AI." He added, "Hugging Face will remain an open platform for the entire AI ecosystem. Developers will choose the models they want, the frameworks they want, ...