GetDeal Team
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Nvidia has agreed to buy Hugging Face for $12.93 billion, bringing one of the most popular hosting platforms for open-source AI models, datasets, and tools under the ownership of the world's biggest AI chipmaker. Hugging Face is an online platform founded in 2016 that gives AI developers a space to share their projects and data with other users and the general public. It's often described as the "GitHub" for AI due to its browsable library of open-source machine learning models and emphasis on community collaboration features. "Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to AI for develo … Read the full story at The Verge.
The round came together after the data center developer reportedly secured a $13 billion contract with Jane Street.
The high-profile startup's annual revenue run rate stands at over $100 million.
OpenAI's next big model is here: GPT-6 Astra. The company calls it a "generational leap in capability" for areas like cybersecurity, professional work, software engineering, science, and computer use. As OpenAI announced earlier this week, it's also the first model designated as meeting OpenAI's "critical cybersecurity capability threshold" - but the company promises that won't lead to a repeat of its models hacking a rival company's internal systems. "If we fast-forward a couple of years, and we look back and say, 'When was it, really, that AGI was created?' I think it's going to be about this time, and I think it might be about this model … Read the full story at The Verge.