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  • 1 week ago
Nvidia is making a massive move to expand its influence beyond AI chips, agreeing to acquire artificial intelligence platform Hugging Face for nearly $13B.

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00:00NVIDIA is making a massive move to expand its influence beyond AI chips, agreeing to acquire artificial intelligence platform Hugging
00:08Face for nearly $13 billion.
00:11The deal would bring Hugging Face's vast ecosystem of AI models and developer tools under NVIDIA's control.
00:18It also gives NVIDIA a deeper foothold in the rapidly growing world of open source AI, where developers are building
00:26and sharing models at a breakneck pace.
00:28The CEO of Hugging Face says the combination could give developers even greater access to the computing power and infrastructure
00:36needed to advance AI.
00:38The acquisition marks one of NVIDIA's biggest bets yet on the future of AI development.
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