NVIDIA to Buy Hugging Face for $12.93B
Published by TechBuzz AI on
Category: AI Updates
NVIDIA just made its boldest AI infrastructure bet yet. The chipmaker announced Thursday it has agreed to acquire Hugging Face, the open-source AI platform used by millions of developers, for $12,930,300,000. The deal, revealed by CEO Jensen Huang, signals NVIDIA's push to own not just the hardware powering AI but the software layer where developers actually build. NVIDIA is done just selling the shovels in the AI gold rush. It wants to own the mine too.
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