NVIDIA to acquire Hugging Face
Nvidia announced its approval to acquire the open-source AI platform Huggin Face for $12.9 billion, in a deal aimed at expanding its influence in the artificial intelligence field and supporting the widespread adoption of open AI platforms. The platform will remain an open service encompassing the entire AI ecosystem, with its infrastructure being enhanced, according to statements from Nvidia CEO Jensen Huang and Kelly Dilan, CEO of Huggin Face. This move comes at a time when the company is experiencing increased demand for its AI-oriented graphics processors, and it is Nvidia's second-largest acquisition after purchasing Grotek's assets for $20 billion. It also follows a hacking incident involving the Huggin Face platform, which underscored the importance of supporting open AI networks.
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