Nvidia will buy popular developer platform Hugging Face for $12.93 billion, betting that support for open AI models will drive future demand even as its biggest customers develop their own chips to reduce reliance on the semiconductor giant. ↧ Nvidia to buy Hugging Face for nearly $13 billion in big bet on ope... Acquiring Hugging Face will give the chipmaker access to a platform developers use to collaborate, test and share AI tools, potentially providing valuable insight and data that could help it narrow the technology gap with top American and Chinese labs.
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Nvidia will buy popular developer platform Hugging Face for $12.93 billion, betting that support for open AI models will drive future demand even as its biggest customers develop their own chips to reduce reliance on the semiconductor giant.
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