Nvidia to spend $13 billion on Hugging Face, leaving it as an open source platform
Nvidia is buying artificial intelligence software platform Hugging Face for $12.93 billion. Jensen Huang wrote in a blog post Thursday that more than 18 million…
Nvidia is set to acquire artificial intelligence software platform Hugging Face for $12.93 billion, according to a blog post by CEO Jensen Huang. The purchase will keep Hugging Face as an open-source platform, allowing more than 18 million developers, researchers and creators to continue sharing over 3 million models, 500,000 data sets and 1 million applications.
Over 200,000 companies already utilize the platform. Despite the deal, Nvidia will not require its compute to be used on or deployed through Hugging Face. The AI chipmaker has already contributed more than 500 models and 250 open datasets to the platform.
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