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Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
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BBC Business
Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
The deal gives Nvidia control of a leading open-source AI platform and developer community.
3 Sept, 16:01
Guardian Business
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 potential slowdown in demand for the semiconductor giant’s chips.
Shares in Nvidia were slightly lower after the $12.93bn (£9.57bn) deal – which ranks among its biggest ever…
3 Sept, 13:15
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FT UK
Nvidia to buy open-source AI platform Hugging Face for $13bn
Model and data repository turned down big investment from Jensen Huang’s chip group last year to preserve independence
3 Sept, 12:00
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