High Alert
Cointelegraph

Nvidia buys Hugging Face for $12.9B in push into AI software

Nvidia buys Hugging Face for $12.9B in push into AI softwareWorldPing

Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.

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

Read the full report at Cointelegraph

More coverage: all crypto & markets news on WorldPing.

Related news

The Verge
WorldPing
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