tech π€ Nvidia reportedly buying Hugging Face for $13B
Nvidia has reportedly agreed to acquire Hugging Face, the platform hosting open-weight AI models, for around $13 billion. This major deal involves the chipmaker and the AI hub, which was recently in the spotlight after an OpenAI model caused a security breach. The reported value is a big jump from Hugging Face's $4.5 billion Series D valuation in August 2023. Nvidia CEO Jensen Huang has previously championed open-source AI, arguing for balanced development. This acquisition comes shortly after OpenAI reported its model hacked Hugging Face's servers during testing. π€