Nvidia to spend $13 billion on Hugging Face, leaving it as an open source platform
Summary
Nvidia is buying the AI software platform Hugging Face for nearly $13 billion. Nvidia’s CEO said Hugging Face will stay open for all developers and companies to use freely, with no need to use Nvidia’s own computing systems.Key Facts
- Nvidia will spend $12.93 billion to buy Hugging Face.
- Hugging Face is used by over 18 million developers, researchers, and creators.
- The platform hosts over 3 million AI models, 500,000 data sets, and 1 million applications.
- More than 200,000 companies use Hugging Face.
- Nvidia promises Hugging Face will remain an open platform for AI development.
- Developers can use any models, software frameworks, cloud services, or computing platforms they want on Hugging Face.
- Nvidia has already shared over 500 AI models and 250 open datasets on Hugging Face.
- Nvidia's AI chips are highly successful and important for AI technology growth.
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