Nvidia to buy Hugging Face in $12.9bn deal
Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chipsNvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips.Shares in Nvidia were slightly lower after the $12.93bn deal – which ranks among its biggest ever – was announced for the database of AI models on Thursday. Continue reading…
Source: www.theguardian.com