Nvidia buys Hugging Face, the GitHub of AI, for $13 billion
Summary
Nvidia will buy Hugging Face, a popular AI platform that hosts many open AI models, for $13 billion. This deal aims to help AI grow faster by supporting open models that anyone can use and customize, and it is Nvidia’s biggest acquisition so far.Key Facts
- Nvidia is paying $13 billion to buy Hugging Face, an AI model platform.
- Hugging Face hosts 3 million open AI models, 500,000 data sets, and 1 million AI applications.
- Open models are AI systems whose designs are public, allowing users to download and modify them freely.
- Nvidia wants to speed up the use of open models to help many industries like factories and hospitals.
- The deal is Nvidia’s largest purchase, bigger than its $6.9 billion acquisition of Mellanox in 2020.
- Regulators will review the deal before it is completed, likely by 2027.
- Nvidia promises Hugging Face will stay open for developers to choose different models and hardware.
- More than 18 million developers and 200,000 companies use Hugging Face’s platform.
- Hugging Face makes money through premium subscriptions and services for businesses.
- Nvidia has invested heavily in startups and infrastructure linked to open AI models.
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