TNB Tech Minute: Nvidia Strikes $13 Billion Deal to Buy Hugging Face
Summary
NVIDIA aims to accelerate open-weight AI models to counter Chinese competitors, partnering with Hugging Face to promote customizable alternatives to proprietary systems. Meanwhile, a Gartner report reveals that while most corporate leaders plan to increase AI spending, nearly a quarter remain unsure of their return on investment. In automotive news, Ford sets an ambitious target to sell 100,000 of its new $30,000 electric F-150 Lightning trucks in the US during their first year of production.
Topics discussed
Intro: NVIDIA acquires Hugging Face for $13B
NVIDIA's push for open-weight AI models
Gartner report: AI ROI uncertainty among leaders
Ford's ambitious sales goal for new EV truck
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