Nvidia is buying Hugging Face for almost $13 billion

Nvidia has agreed to buy Hugging Face for $12.93 billion, bringing one of the most popular hosting platforms for open-source AI models, datasets, and tools under the ownership of the world's biggest AI chipmaker. Hugging Face is an online platform founded in 2016 that gives AI developers a space to share their projects and data with other users and the general public. It's often described as the "GitHub" for AI due to its browsable library of open-source machine learning models and emphasis on community collaboration features. Speculation regarding a potential Hugging Face acquisition started on August 23rd, after Business Insider reported … Read the full story at The Verge.

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