WIRED

Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI

Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AIWorldPing

The long-rumored deal will give the chip giant access to—and help it promote—a huge repository of open-source AI models and data sets.

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

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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