Nvidia is buying AI company Hugging Face for $12.9 billion, according to a report in tech publication The Information. The deal would give Nvidia a major foothold in open-source AI at a moment when open-source developers are increasingly closing the gap with…
Nvidia reportedly plans to buy Hugging Face at a price that exceeds its revenue by over 80 times, making it a major strategic investment in AI ecosystem.
Identity verification company Socure Inc. today announced a $156 million strategic growth investment at a valuation of $5.2 billion. Part of that money went to agentic artificial intelligence startup Fravity AI, acquired in a separate transaction announced th…
The deal will also include ordering another 45,000 of Nvidia's GB-300 GPUs (part of the Blackwell family architecture), which are currently the latest on offer by the company
Insurer says agentic AI push will be cross-subsidised and will not raise overall cost ratios
