Nvidia Reaches $12.9B Agreement to Acquire AI Platform Hugging Face
Nvidia has agreed to buy open-source AI hub Hugging Face for $12.93 billion, capturing an ecosystem of 18 million developers and over 3 million machine learning models.
Archive
Search
Nvidia Moves to Acquire Hugging Face as AI Infrastructure Consolidation Accelerates
Nvidia is acquiring open-source artificial intelligence hub Hugging Face, expanding its reach into developer workflows in a move reminiscent of past Big Tech infrastructure acquisitions.
Framewerx Broadens AI-Driven Managed Services Portfolio with AD Micro Acquisition
Framewerx Inc., an Edmonton-based IT consulting firm, has acquired AD Micro Technology Inc. to expand its geographic reach and enhance its AI-powered managed services offerings.
Cerebras Shares Soar in $5.55 Billion Nasdaq Debut
The AI chipmaker nearly doubled its offering price as investors sought another route into compute infrastructure.
