The Software Offensive of the Hardware King - NVIDIA Acquires AI Platform Hugging Face for 13 Billion USD
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NVIDIA is acquiring the AI startup Hugging Face for around 13 billion USD, 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 Sealed NVIDIA has agreed to acquire the AI startup Hugging Face for around 13 billion USD. This amount includes a stock-based retention program of up to 1 billion USD for Hugging Face employees who transition to NVIDIA. The chip giant has committed...
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