Nvidia to spend $13 bil. on Hugging Face, leaving it as open source platform
Nvidia is buying artificial intelligence (AI) software platform Hugging Face for $12.93 billion. Jensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million models, 500,000 data sets and 1 million applications. There's also more than 200,000 companies that use the platform, he said. The AI chipmaker will…
Nvidia announced its acquisition of artificial intelligence software platform Hugging Face for $12.93 billion, according to a blog post by CEO Jensen Huang on Thursday. The transaction will see Nvidia maintain Hugging Face as an open platform, allowing developers to select models, frameworks, clouds, and inference service providers.
The company currently supports over 18 million developers, researchers, and creators who use Hugging Face to share more than 3 million models, 500,000 datasets, and 1 million applications. Additionally, over 200,000 companies rely on the platform. Nvidia has published more than 500 models and over 250 open datasets on Hugging Face.
Despite the acquisition, Nvidia's stock experienced a slight increase prior to market opening, indicating confidence in the decision.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- NVIDIA To Acquire Hugging Face For US$12.93 billion lowyat.net
- Nvidia Pays $12.9 Billion to Buy and Expand Hugging Face pymnts.com
- It's official: Nvidia is buying Hugging Face for $13 billion businessinsider.com
- Nvidia to buy AI platform Hugging Face for US$12.9bil nst.com.my
- Nvidia to buy AI platform Hugging Face for US$12.9bil freemalaysiatoday.com
- Nvidia to Buy Hugging Face in $12.93 Billion Deal en.tempo.co
- Nvidia to buy Hugging Face in $12.93 billion deal dw.com
- Nvidia to spend $13 bil. on Hugging Face, leaving it as open source platform koreatimes.co.kr
