Nvidia reportedly acquires AI project hosting platform Hugging Face for $12.9B
- Hugging Face: 29 events in the last 90 days
- Hugging Face: 4th Acquisition in the last 90 days
- Previous: earlier the same day · Report: Nvidia to acquire AI model repository Hugging Face for $13 billion
What happened
Nvidia Corp. has reportedly bought Hugging Face Inc., a startup with a popular platform for hosting open-source artificial intelligence projects. Rumors that an acquisition was in the cards first leaked on Monday. Business Insider broke the news that Hugging Face had received interest from multiple prospective buyers. On late Wednesday, The Information reported that Nvidia […] The post Nvidia reportedly acquires AI…
Summary assembled by rule from the sources below