Business
Nvidia acquires Hugging Face in 13 billion dollar open AI deal
The acquisition provides Nvidia with an ecosystem of 3 million AI models and 500,000 datasets, diversifying its revenue streams beyond closed-model customers.
The acquisition provides Nvidia with an ecosystem of 3 million AI models and 500,000 datasets, diversifying its revenue streams beyond closed-model customers.
The project includes a $33 billion natural gas power plant and a $4.2 billion grid investment to support up to 8 GW of capacity at the PORTS Technology Campus.
Major Chinese handset manufacturers are pivoting away from volume-driven strategies due to a scarcity of DRAM components required for AI. The resulting supply squeeze has forced significant cuts to production forecasts for 2026.