DistantNews
Support us

Nvidia Hugging Face Deal

6 countries๐Ÿ‡จ๐Ÿ‡ญ ๐Ÿ‡ด๐Ÿ‡ฒ ๐Ÿ‡ฎ๐Ÿ‡ฑ ๐Ÿ‡ฉ๐Ÿ‡ช ๐Ÿ‡ฆ๐Ÿ‡น ๐Ÿ‡ต๐Ÿ‡พTechnology

One story, 6 countries, 6 papers

U.S. chipmaker Nvidia agrees to acquire AI platform Hugging Face for about $12.93 billion. The U.S.-French company says it will remain open source, allowing developers to access and modify AI models.

๐Ÿ‡จ๐Ÿ‡ญ Switzerland/German

Nvidia expands its AI empire with $12.9 billion acquisition of Hugging Face

Nvidia is taking over Hugging Face for $12.9 billion, buying the platform that has become a central meeting place for open-source artificial-intelligence models. It is the chipmaker's most expensive acquisition in its history. CEO Jensen Huang announced the deal on Thursday. Founded in 2016, Hugging Face lets anyone use open-source AI models for free, access datasets and share applications. The plโ€ฆ