News
AI Summary
3 Sept 202622 Rabiʻ I 1448 AH
NVIDIA to acquire Hugging Face for $12.93B

NVIDIA to acquire Hugging Face for $12.93B

NVIDIA has agreed to acquire Hugging Face for $12.93 billion, aiming to expand the open-source model repository's platform. The transaction focuses on platform growth and infrastructure investment, enhancing access for enterprise developers and researchers globally. Founded by Clem Delangue, Julien Chaumond, and Thomas Wolf, Hugging Face serves over 18 million developers and researchers, sharing more than three million models and 500,000 datasets. The platform supports over 200,000 companies in discovering, evaluating, and customizing AI models.

Follow these topics

Sign in to follow the topics that matter to you

Sign in to follow

This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.

0
0 reading now

Insight Score

Rate to unlock

Sign in to react, rate, and save. Sign In