Nvidia’s $12.9B Hugging Face deal could benefit enterprises

This audio is auto-generated. Please let us know if you have feedback.

Dive Brief:

• Nvidia is acquiring open-source AI platform Hugging Face for $12.9 billion, Nvidia CEO Jensen Huang confirmed in a Thursday blog post, marking the chip maker’s foray into AI operating systems rather than just foundational hardware.
• The company plans to scale Hugging Face’s platform to expand access to open models for the developer community, Huang said in the blog post. More than 200,000 companies use Hugging Face to deploy AI, and under Nvidia’s ownership it will remain an open platform for the AI ecosystem while continuing to support multicloud and multi-accelerator development and deployment, Huang said.
• The deal could bring additional security resources to the Hugging Face platform while providing CIOs with greater reliability and better model evaluation tools, Nick Patience, VP and practice lead of AI platforms at The Futurum Group, told CIO Dive....

Copyright of this story solely belongs to www.ciodive.com. To see the full text click HERE