BBC Business

Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

Nvidia strikes $12.9bn deal to buy AI platform Hugging FaceWorldPing

The deal gives Nvidia control of a leading open-source AI platform and developer community.

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

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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