Nvidia buys AI platform Hugging Face for US$13 billion
The acquisition of Hugging Face adds to a list of deals struck by Nvidia in the past year
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.
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As the artificial intelligence companies Anthropic and OpenAI prepare to go public, the question around Silicon Valley is which investors will win big.
US trade gap in July hits biggest in over a year on AI buildout
The trade deficit in the world's biggest economy grew to US$88.6 billion in July – a 24.4% increase from the previous month.
US trade gap in July hits biggest in over a year on AI buildout
The trade deficit in the world's biggest economy grew to US$88.6 billion in July – a 24.4% increase from the previous month.
Nvidia to buy Hugging Face for US$13 billion in big bet on open AI models
Shares of the company were up 1.5% after the deal was announced
- Nvidia acquires Hugging Face for US$13 billion
- Open AI models accessible on open platform
- Nvidia CEO Jensen Huang confirms platform independence