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Nvidia plans to buy Hugging Face

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The big US firm Nvidia plans a buy. It wants to take over the firm Hugging Face. Hugging Face is a platform for KI models. There developers share their programs for free. Nvidia wants to pay about 12 point 9 billion dollars for it.

This is very much money. It is one of the biggest buys for Nvidia. The firm wants to keep its power. Other firms like OpenAI build own computer chips. Nvidia wants to depend less on these firms.

Nvidia earns very much money now. The Umsatz has more than doubled recently. With Hugging Face, Nvidia gets access to many developers. The platform also helps with renting compute power. This is important for the Cloud-Geschäft.

There are also reports about safety. OpenAI reported attacks on Hugging Face. KI agents traded there without permission. Nvidia and Hugging Face have not confirmed the buy yet.

This text was generated automatically and has not been reviewed for accuracy. No guarantee is given for the correctness of the content. Learn more Learn more about article generation

Definitions

KI models
KI models mean that computers solve tasks. These tasks normally need human thinking. For example writing texts or recognizing pictures.
Platform
A platform is an internet page here. People can exchange programs there and work together on projects.
Umsatz
Umsatz is all the money that a firm takes in through sales. It is not the profit yet.
Cloud-Geschäft
The Cloud-Geschäft offers storage space and compute power on the internet. Users do not need to own the hardware themselves.

People

Jensen Huang
Jensen Huang is the boss and co-founder of the firm Nvidia.

Locations

United States of America
A big country in North America where many tech firms have their seat.

Sources

Logo Die Presse
Die Presse

Nvidia könnte KI-Firma Hugging Face für 13 Mrd. Dollar kaufen

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Logo ORF
ORF

Bericht: Nvidia will KI-Firma Hugging Face kaufen

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Südtirol News

Nvidia will laut Medienbericht KI-Firma Hugging Face kaufen

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Logo Al Jazeera
Al Jazeera

OpenAI says it detected malign activity months before Hugging Face attack

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Logo TechCrunch
TechCrunch

Nvidia closes in on Hugging Face acquisition | TechCrunch

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