Nvidia confirms it is buying Hugging Face for $12.93bn and promises to leave it open

Nvidia is buying Hugging Face for $12.93bn, confirming a deal that had been reported for the past week. The chipmaker is acquiring the platform where much of the open-source AI community stores and shares its models, while promising to leave the platform itself largely unchanged. The price values the ten-year-old company at roughly 86 times […]
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