The Software Offensive of the Hardware King - NVIDIA Acquires the AI Platform Hugging Face for $13 Billion
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NVIDIA is acquiring the AI startup Hugging Face for around $13 billion, thereby securing control over one of the central platforms where developers worldwide share AI models. The company promises to keep the platform open – a strategic move in the race for AI dominance. Billion-dollar acquisition finalized NVIDIA has agreed to acquire the AI startup Hugging Face for around $13 billion. This amount includes a stock-based retention program of up to $1 billion for Hugging Face employees who transition to NVIDIA. The chip giant has committed...
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