Nvidia is buying the home of open-source AI

Nvidia is buying the home of open-source AI

Manami Yamada/Reuters Nvidia has agreed to buy Hugging Face, a repository of open-source AI models, for US$12.9-billion, The Information reported on Wednesday (paywall), citing a person with knowledge of the deal. A deal of that size would mark one of Nvidia’s largest acquisitions to date and underscore how the Jensen Huang-led company at the centre…

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IBM commits -billion to secure open-source software

IBM commits $5-billion to secure open-source software

Hollie Adams/Reuters IBM said on Thursday it has committed US$5-billion (R82-billion) to an initiative that will deploy engineers and AI tools to help companies better secure open-source software. The initiative, called Project Lightwell, seeks to create a “clearinghouse” for open-source security, establishing a model for managing risks across the software supply chain. Open-source software is…

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