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NVIDIA Acquires Hugging Face for $13 Billion

NVIDIA has acquired Hugging Face for $13 billion, aiming to bolster its AI capabilities and strengthen Europe's open-source AI ecosystem.

The acquisition marks a significant investment in open-source AI.

Hugging Face's platform will enhance NVIDIA's AI development tools.

This move is expected to accelerate AI innovation in Europe.

Source: https://news.google.com/rss/articles/CBMirAFBVV95cUxQZFNkaTdZdEV5OURDbUhIRmdESWNndW1xOEhPWXZHTjY5YkVxZXViRDhYYWdQQ3duenkxUl9IWGcxblQ2Rjd0VlZlcjZobjFCamdfbVV3LW9iTDU5blFxVDROM3hCY2JEUUYzSWlvdFBfUnFIN2RrS1BYVURnN3BHaTNyVk5IY185RmhuREcyVjlZUGtKWG1KeHJBMjM5S09kZnVoc1BxcHFzSEFI?oc=5&ucbcb=1&hl=en-US&gl=US&ceid=US:en