Nvidia to Acquire AI Platform Hugging Face for $12.9bn
The deal would give the chipmaker control of a leading open-source AI platform and developer community, according to BBC Technology.
Nvidia has struck a deal to acquire Hugging Face, an artificial intelligence platform, for $12.9bn, according to a report by BBC Technology.
The acquisition would give Nvidia control of what the report describes as a leading open-source AI platform and developer community.
BBC Technology did not provide further details on the terms of the transaction or its expected timeline in the excerpt reviewed.
Further details on the deal, including regulatory considerations and reactions from the AI developer community, were not immediately available.
Sources
- Nvidia strikes $12.9bn deal to buy AI platform Hugging Face — BBC Technology
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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