Nvidia agrees to buy AI company Hugging Face
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Nvidia, the world’s biggest maker of artificial intelligence (AI) chips, has agreed to buy Hugging Face for about $12.9 billion. Hugging Face is a company from New York that runs a popular website where developers share AI tools and models. This agreement is one of Nvidia’s largest deals and was first reported by The Information and Reuters on Wednesday.
Nvidia made this deal because it wants to connect more with AI software developers. Hugging Face is important because it is the main place where people in AI share their work with others in the open, which means anyone can see and use it.
Because of the deal, Hugging Face will now become part of Nvidia. This gives Nvidia more power over how AI software is made and shared, making the company even more important in the AI industry.
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6 wordsa decision or arrangement made between people
all companies making similar products or services
people who create software, programs, or applications
control or influence over people or situations
gave something to other people together
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