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Nvidia reportedly agrees to acquire Hugging Face for $12.9 billion

Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported, citing a person with knowledge of the agreement. Hugging Face is known for a GitHub-like repository of open-source AI models. The supplied report says the transaction would put Nvidia in charge of the company, but provides no further terms or confirmation from either company.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital
Capital

General Medicine raises $120M Series B led by a16z

General Medicine raised a $120M Series B led by a16z, Fierce Healthcare reported. The company operates an online storefront for medical care. TJ Parker and Elliot Cohen, the founders of PillPack, founded General Medicine, bringin...

Capital Robotics
Capital Robotics

Multiply Labs raises $75M Series B for pharmaceutical robotics

Multiply Labs has raised a $75 million Series B led by Patrick Soon-Shiong's NantWorks, SiliconANGLE reported. The startup develops robotic systems that automate pharmaceutical manufacturing processes, making equipment for drugmak...

AI Products
AI Products

Cloudflare releases Clef-omni and cuts Clef-flash price and context

Cloudflare released Clef-omni, a decision model that accepts audio, video, images and text in one API call, with open weights available on Hugging Face. The company prices it at $0.15 per million input tokens. The model scores ch...