Nvidia is reportedly buying one of AI’s biggest model-sharing platforms, potentially extending its reach beyond chips and deeper into the software ecosystem.
The company has agreed to acquire Hugging Face for $12.9 billion, The Information reported Wednesday, citing a person familiar with the deal. The companies have not publicly confirmed the transaction, and reports indicate the agreement could still fall apart.
Hugging Face runs a widely used platform where developers share, test, and build AI models and datasets. The company was founded in 2016 and has become a central hub for open-source AI, hosting millions of models and datasets.
The repo…
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