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News
Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform
1+ week, 2+ day ago (457+ words) Chipmaker Nvidia is buying artificial intelligence software platform Hugging Face for $13 billion. It’s the latest deal by the company, whose processors are integral to the AI boom, and highlights Nvidia's push to champion increasingly popular open-source AI models. Nvidia CEO…...
Fortinet has acquired San Francisco-based AI security company Virtue AI.
3+ week, 3+ day ago (729+ words) $42M RAISED | 5 DEALS | 2 COUNTRIES San Francisco-based AI governance platform Xpander has raised $7.5 million in seed funding led by Pico Venture Partners, with participation from Emerge Ventures, Samsung Next, and SeedIL. The company says the funding "will be used to accelerate Xpander's…...