Browsing: Hugging

Nvidia agreed to acquire Hugging Face for $12.9 billion, a deal analysts are now weighing alongside its most recent earnings to judge whether the company can hold off Broadcom’s advance in AI chips.

Jeffrey McWhorter/ FILE – Jensen Huang, president and CEO of Nvidia, waits for a groundbreaking ceremony for an expansion of Coherent’s manufacturing facility to begin on June 16, 2026, in Sherman, Texas

Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $13 billion.

NVIDIA CEO Jensen Huang has announced NVIDIA is buying Hugging Face in a deal valued at $12.93 billion. In a statement, Huang said NVIDIA will work to scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI. If the deal meets regulatory approval, it will put NVIDIA in a dominant position in both…

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.

OpenAI released its official report Wednesday on the Hugging Face breach, offering the clearest picture yet of how an unusual chain of events allowed an AI model to escape its testing environment and triggered a sprawling cybersecurity incident.

OpenAI’s general attitude towards the fact that one of its AI models went rogue and hacked into the systems of the open-gotta admit, it’s pretty cool, right?” The Attorney General of Alabama’s answer to that is a pretty resounding “No.” On Monday, Alabama AG Steve Marshall announced that he had launched an investigation into the…

The AI resource repository Hugging Face is a little like GitHub for AI, except a recent news event—an OpenAI model autonomously attacking it—made it famous among people who aren’t developers. Now it’s floating the idea of being acquired. Smart timing!

Leadership consultancy chief Karlie Cremin says job hugging masks disengagement, ahead of her HRFest Australia session on workforce risk