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Nvidia wraps itself in $12.9 bln of insurance

ReutersSep 3

Why ‌buy Hugging Face? There’s no obvious return from the open AI platform, but the ​price is only 0.2% of the ​chip maker's $5.5 trln value. There is ⁠merit though in fostering machine learning ​broadly and blocking the emergence of an ​all-dominant closed rival making its own chips.

Nvidia is emphatic it won't close up Hugging Face or push developers toward ​its own hardware or services. Such assurances should always be taken with a grain of salt, but there ​is a reason to suspect it’s true. A thriving open-source community is p... [1393 chars]

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