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Nvidia’s $12.9 Billion Hugging Face Deal
Nvidia has agreed to acquire Hugging Face for approximately $12.93 billion. Hugging Face is a major platform for open AI models, datasets and applications used by millions of developers.
Winners
AI CHIPS AND SEMICONDUCTORS
Names: $NVDA (Nvidia), $TSM (Taiwan Semiconductor Manufacturing)
Nvidia is the clearest winner. Hugging Face connects it to a huge developer community and can help drive open model adoption. More AI applications can mean more demand for training, inference and data center computing.
$TSM (Taiwan Semiconductor Manufacturing) could benefit indirectly because Nvidia relies…
The skinny
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