
NVIDIA to Acquire Hugging Face in $13 Billion Artificial Intelligence Deal
NVIDIA has agreed to purchase AI platform Hugging Face in a transaction valued at approximately $13 billion. The acquisition consolidates the semiconductor giant's position in the generative AI market while altering enterprise access to open-source machine learning tools.
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NVIDIA Buys Hugging Face: Three Implications For Your Business
NVIDIA is reportedly buying Hugging Face. What the deal means for open-source/open-weight AI infrastructure. Three implications and immediate actions for your business.
By Nisha Talagala, Contributor
Read full article →The $13 Billion Hugging Face Deal Would Crown Nvidia King of AI
Nvidia Corp. is not only tightening its grip on artificial intelligence, it’s also absorbing the companies fighting to keep the industry open and decentralized. On the same day the chip giant announced quarterly revenue that had doubled and would continue rising next year, sending its shares up 7%, news broke that it has reportedly agreed to spend $13 billion on Hugging Face, a platform for open-weight AI models.
By Parmy Olson
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