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Message: <blockquote data-quote="Al Baik" data-source="post: 31576611" data-attributes="member: 326965">[MEDIA=facebook]945801595208293[/MEDIA]Nvidia is acquiring Hugging Face for $12.9 billion, giving the chip giant control of one of the most important platforms for open source AI models.Hugging Face is a platform where developers can share, test, and deploy open-source AI models.Hugging Face reportedly generates about $150 million in annual revenue and is close to profitability.The acquisition comes as OpenAI, Anthropic, and other major AI labs work to reduce their dependence on Nvidia hardware by building custom chips and different suppliers.Nvidia could use Hugging Face to expand its cloud business and strengthen its position in open-source AI infrastructure.Source: The Information</blockquote>

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