Semi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chips
Nvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips.
Shares in Nvidia were slightly lower after the $12.93bn deal – which ranks among its biggest ever – was announced for the database of AI models on Thursday.
Continue reading...