Nvidia Acquires Hugging Face for $12.9B in AI Software Deal
Nvidia has agreed to acquire Hugging Face for $12.93 billion, expanding its reach into artificial intelligence (AI) software. Hugging Face operates an open-source platform for sharing and deploying AI models, with over 18 million developers utilizing it.
Key Points:
- Nvidia CEO Jensen Huang emphasizes that Hugging Face will remain an open platform, allowing developers to choose their preferred tools and providers.
- Nvidia already publishes numerous models and datasets on Hugging Face and will continue supporting models from other developers.
- The acquisition follows a security breach at Hugging Face involving unauthorized access by an autonomous AI agent.
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