NVIDIA plans to acquire Hugging Face and keep AI development platform open
NVIDIA and Hugging Face have collaborated on AI and robotics development. Source: NVIDIA After a few weeks of anticipation, NVIDIA Corp. today said it is acquiring Hugging Face Inc., an open platform for AI developers, for $12.9 billion. Founded in 2016, Hugging Face provides an open platform for AI developers. “Ten years after starting Hugging Face, open-source AI is at an inflection point,” Clément Delangue, co-founder and CEO of Hugging Face, posted on X. “Thanks to the comm
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NVIDIA is acquiring an open platform for AI developers for $12.9 billion, with a commitment to keep the platform open and available to the entire AI ecosystem. The acquisition matters because the platform's founder emphasized that open-source AI needs more compute and support to compete at scale with closed-source alternatives, and because a recent security incident demonstrated that open models were necessary to defend against attacks on the platform. The context includes NVIDIA's effort to ensure demand for its AI processors by supporting the open-source software community, and the platform's role in hosting millions of models, datasets, and applications used by developers and companies worldwide.
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