Nvidia Agrees to Buy Hugging Face for Nearly $13 Billion
Updated — view changes (3)
· body · New information from a source
Cointelegraph reported the deal is valued at $12.93 billion and gives Nvidia control of a platform used by more than 18 million developers to share and deploy AI models.The purchase extends Nvidia's push beyond chipmaking into AI software and tooling, according to MarketWatch, which examined what the deal means for the broader AI industry.- Cointelegraph put the price at $12.93 billion and reported that the deal gives Nvidia a platform used by more than 18 million developers to share and deploy AI models.
- The deal marks Nvidia's move further up the AI software stack beyond its core chip business, according to CNBC.
- MarketWatch reported on what the acquisition means for the broader AI industry, though details of that analysis were not specified in available reporting.
· summary · New information from a source
Nvidia has agreed to buy AI developer platform Hugging Face in a deal valued at nearly $13 billion, extending its reach beyond chips into AI software.- Nvidia has agreed to acquire AI model-sharing platform Hugging Face for almost $13 billion, pushing further into AI software.
· headline · New information from a source
Nvidia to Acquire AI Platform Hugging Face for Nearly $13 Billion- Nvidia Agrees to Buy Hugging Face for Nearly $13 Billion
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Nvidia has agreed to acquire Hugging Face for almost Nvidia agrees to buy Hugging Face for almost $13 billion, expanding further up AI stack.
, according to CNBC. Cointelegraph put the price at Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.
and reported that the deal gives Nvidia a platform used by more than Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.
developers to share and deploy AI models.
Nvidia CEO Jensen Huang said the acquisition will “expand access to AI for developers and institutions worldwide,” according to CNBC.
The deal marks Nvidia’s move further up the AI software stack beyond its core chip business, according to CNBC. MarketWatch reported on what the acquisition means for the broader AI industry, though details of that analysis were not specified in available reporting.
Sources: CNBC, MarketWatch, Cointelegraph
This article is for information only and is not financial advice.
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Story so far 4 updates
- digestNvidia to acquire Hugging Face for almost $13 billionfirst reportedcnbc.com
- storyNvidia Agrees to Buy Hugging Face for Nearly $13 Billion in AI Software Pushupdate · 3 sourcescnbc.com · marketwatch.com · cointelegraph.com
- storyNvidia Agrees to Buy Hugging Face for Nearly $13 Billionupdate · 3 sourcescnbc.com · marketwatch.com · cointelegraph.com
- storyNvidia to Acquire AI Platform Hugging Face for Nearly $13 Billionupdate · 3 sourcescnbc.com · marketwatch.com · cointelegraph.com
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