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Nvidia inks $13 billion deal to buy AI startup reportedly hacked by OpenAI

From Egypt Independent · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Nvidia announced a $12.9 billion agreement to buy Hugging Face, a platform for hosting and accessing open-source AI models and datasets.
  • The deal would expand the chipmaker’s reach in open-source artificial intelligence.
  • Hugging Face recently came under scrutiny after it was reportedly hacked by OpenAI.

Nvidia is placing a $12.9 billion bet on open-source artificial intelligence with its planned acquisition of Hugging Face.

The New York announcement centers on Hugging Face’s role as a service for hosting and accessing open-source AI models and datasets. The purchase would give the chipmaker a larger presence in that part of the AI ecosystem.

Hugging Face has also been in the spotlight recently after it was reportedly hacked by OpenAI. The article provides no further details about the reported incident.

About this summary

Originally published by Egypt Independent in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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