hugging face

Hugging Face Could Be Sold for $13 Billion

by
hugging face

Hugging Face could be sold for $13 billion, as the AI startup has reportedly been approached about a potential acquisition at a valuation of $13 billion or more. The discussions, reported by Business Insider and covered by TechCrunch, come as investors and major technology companies increasingly compete for businesses that provide critical infrastructure for the … Read more

Nvidia Takes Control of Hugging Face in Major AI Bet

by
hugging face

Hugging face: Nvidia’s Hugging Face acquisition is shaping up to be one of the chipmaker’s biggest moves yet to expand beyond hardware and deepen its influence over the rapidly growing artificial intelligence industry. Nvidia has reportedly agreed to acquire Hugging Face, the popular open-source AI platform, for approximately $12.9 billion, according to The Information. A … Read more