Hugging Face ports BERT to PyTorch via Transformers

vela.partners12 min read

Nvidia has agreed to acquire Hugging Face for an approximately $11.9 billion purchase price, alongside an equity-based retention program of up to $1.0 billion for employees. Nvidia committed to keeping the platform open, allowing users to upload and download models and datasets of their choosing, and supporting other silicon vendors. The agreement, signed on September 2, 2026, is subject to regulatory approvals. Open article →