Nvidia to Buy Hugging Face for $13 Billion in Major AI Move
Nvidia is set to buy popular AI developer platform Hugging Face for about $12.93 billion. The deal marks one of the company’s biggest moves into open AI models. Nvidia will pay about $11.9 billion to Hugging Face investors. It will also offer up to $1 billion in equity-based incentives to employees who join Nvidia. The…