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Welcome to Eye on AI. Emily Forlini here, filling in for Beatrice Nolan. In today’s issue:
- Nvidia will purchase open-source AI platform Hugging Face for $13B
- OpenAI debuts GPT-6 Astra model
- Google debuts Gemini 3.8 Flash model
- ChatGPT experiences second outage in three days—and Claude, Grok also go down
Reporting on AI every single day has admittedly made me bit numb to the astronomical sums of money flowing into the industry, but today my eyes did a cartoonish pop when I saw how much Nvidia is buying Hugging Face for.
“Nvidia has agreed to acquire Hugging Face for $12,930,300,000,” a blog post said. While it’s not the biggest sum we’ve seen in the AI industry, it’s quite the startup exit for Hugging Face. The company was founded in 2016 by three French entrepreneurs living in New York City, who named it after the 🤗 emoji. Over the next 10 years, it has grown into a trusted repository for AI developers.
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