Signal

Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year

First reported by CNBC · 49m ago

The signal ●●●○ Compiled by AI from CNBC and Techmeme

What happened

Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack.

AI-written summary. May contain errors.

Chips

Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year

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