Commentary: US$13 billion Hugging Face deal would crown Nvidia king of AI
Nvidia wants open AI models to thrive, but for a self-interested reason, says Parmy Olson for Bloomberg Opinion.
Nvidia's acquisition of Hugging Face for $13 billion may appear to align with the company's desire to promote open AI models, but it serves a more self-interested purpose, according to Parmy Olson for Bloomberg Opinion. On the day Nvidia announced a doubling of its quarterly revenue, it was revealed that the chip giant has agreed to spend $13 billion on Hugging Face, a platform for open-weight AI models.




