Variety

AI Giant Nvidia to Buy Hugging Face for $12.9 Billion

AI Giant Nvidia to Buy Hugging Face for $12.9 BillionWorldPing

Nvidia co-founder and CEO Jensen Huang is making a big new bet on an open-source AI future.

This is a short WorldPing brief. The full report was published by Variety.

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The Verge
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The Verge

Nvidia is buying Hugging Face for almost $13 billion

Nvidia has agreed to buy Hugging Face for $12.93 billion, bringing one of the most popular hosting platforms for open-source AI models, datasets, and tools under the ownership of the world's biggest AI chipmaker.

Brief by WorldPing · Original reporting by The Verge

Nvidia to buy developer platform Hugging Face in $12.9bn dealWorldPing
The Guardian

Nvidia to buy developer platform Hugging Face in $12.9bn deal

Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chips Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for ⁠open AI models could offset a potent…

Brief by WorldPing · Original reporting by The Guardian