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Nvidia to Buy Hugging Face for $12.9 Billion
Image: PC Mag Nvidia has agreed to acquire Hugging Face, a leading repository for open-source AI models, for $12.9 billion, The Information reported on August 26, citing a person with knowledge of the deal. Neither Nvidia nor Hugging Face immediately responded to requests for comment. The acquisition would be one of Nvidia's largest and would give the chipmaker control of a platform that hosts open-source large language models and datasets. The price stands in contrast to Hug
1 day ago1 min read


Google Targets Legal Sector with Gemini Expansion
Google expanded its Gemini Enterprise platform on August 25 with tools designed for lawyers and law firms, a push into a legal market that has become one of the fastest adopters of generative AI. The new offering, Gemini Enterprise for Legal, integrates with legal software and data platforms used by firms and includes AI agents that handle specialized legal and administrative tasks with limited human oversight. Google said the platform is built to keep sensitive client data s
3 days ago1 min read


Brazil Splits AI Supercomputer Push Between US and Chinese Firms
Brazil's government announced on August 20 investments of about 2.3 billion reais, or $444.2 million, to strengthen its artificial intelligence ecosystem, dividing projects between U.S. and Chinese companies in a move that underscores its effort to navigate ties with both powers. Just over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership with China's Huawei Technologies and iFlytek. The government
5 days ago2 min read
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