AIThe Decoder2h ago
Nvidia snaps up Hugging Face for $12.9 billion
Nvidia snaps up Hugging Face for $12.9 billion as closed AI labs pull away
Nvidia is buying open-source AI platform Hugging Face for $12.9 billion, about 80 times its $150 million annual revenue. The deal fits Nvidia's push to invest billions in open AI models while closed providers like OpenAI and Anthropic move away from Nvidia hardware. The article…
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