Nvidia Is Buying AI Platform Hugging Face for $13 Billion
Chipmaker Nvidia (NASDAQ: NVDA) is buying artificial intelligence software platform Hugging Face for $13 billion.
It’s the latest deal by the company, whose processors are integral to the AI boom, and highlights Nvidia’s push to champion increasingly popular open-source AI models.
Nvidia CEO Jensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more than 3 million models, 500,000 data sets and 1 million applications. More than 200,000 companies also that use the platform, he said.
In July, Hugging Face’s data processing systems were hacked, and ChatGPT maker OpenAI acknowledged that its artificial intelligence system was to blame, sending shock waves through the security community amid heightened concerns about the capabilities of powerful AI models.
Just over a week later, Anthropic said its artificial intelligence models hacked into three other organizationsduring testing. That was followed...
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