I wrote on Monday that rumors were circulating that Hugging Face was looking to be acquired for about $13 billion. That’s exactly what is now happening according to anonymous insiders who spoke to the Information and Business Insider. The deal is reportedly still being finalized and may still crumble.
The apparent buyer is Nvidia. The AI chip colossus has been hovering around the AI resource repository for years, looking like a slobbering cartoon wolf holding a knife and fork and wearing a bib with the hugging face emoji on it.
In 2023, Nvidia participated in a series D funding round of Hugging Face—alongside a slew of other companies…
Read the full article at GIZMODO.COM
