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Nvidia inks $13 billion deal to buy AI startup, Hugging Face

In a bid to expand the reach of open-source AI technology, Nvidia announced it will buy artificial intelligence startup Hugging Face for $12.9 billion

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Nvidia inks $13 billion deal to buy AI startup, Hugging Face
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In a bid to expand the reach of open-source AI technology, Nvidia announced it will buy artificial intelligence startup Hugging Face for $12.9 billion. Hugging Face, a service for hosting and accessing open-source AI models and data sets, has been in the spotlight recently after it was hacked by OpenAI models that went rogue during a testing incident. The company has also been at the center of an industry debate over whether access to advanced AI technology should be available openly—or whether it should be “closed”.

Hugging Face said it was forced to use an open-source Chinese model to defend itself from the OpenAI hack because of restrictions in how popular closed models could be used.

Unlike closed models, open-source AI models like those hosted on Hugging Face allow companies and developers to download the parameters that determine how a model functions and customize them for specific purposes. By downloading and running the models on their own infrastructure, some believe it also makes customers’ proprietary or sensitive data more secure.

Nvidia CEO Jensen Huang has spoken in support of open models, arguing they can improve safety and speed up innovation. The acquisition could also benefit Nvidia’s plans to secure its role as the technology backbone of the AI boom.

 

In a blogpost, Huang said that by acquiring Hugging Face, Nvidia could expand access to the platform’s models to more developers and companies around the world. Already, Hugging Face boasts more than 18 million developers and researchers using more than 3 million models, as well as 200,000 enterprise customers. Nvidia itself has released more than 500 open models on Hugging Face, prior to the deal.