Nvidia's Hugging Face deal is a bet on open models — and proof it's no longer just a chip company - SiliconANGLE

Nvidia confirms it is buying Hugging Face for $12.93bn and promises to leave it open

Nvidia has confirmed a $12.93bn acquisition of Hugging Face, valuing the platform at about 86 times revenue. Jensen Huang says it will remain open across models, frameworks, clouds and computing platforms.