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NVIDIA to acquire Hugging Face for $12.93 Billion

NVIDIA has entered into an agreement to acquire open-source AI platform Hugging Face for approximately $12.93 billion, NVIDIA founder and CEO Jensen Huang announced. The transaction marks one of the largest acquisitions in the artificial intelligence sector, bringing the premier repository for open-weight models under NVIDIA’s corporate umbrella.

Source: FoneArenarss
Read the original at FoneArena

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Original headline
NVIDIA to acquire Hugging Face for $12.93 Billion
Product category
computing
Curation state
ingested