Nvidia has agreed to acquire Hugging Face for nearly $13 billion, making one of its biggest moves yet beyond the chips that power the AI industry. The transaction includes approximately $11.9 billion for Hugging Face shareholders and up to $1 billion in equity-based incentives to retain employees joining Nvidia. The acquisition is expected to close in the first half of 2027, subject to regulatory approval. Hugging Face has become a central platform for developing, sharing, and deploying open AI models, datasets, and applications. More than 18 million developers, researchers, and creators use the platform, which hosts over three million models.…
Orange Quantum Systems (OrangeQS), a venture of Icecat Capital, has welcomed IQM Quantum Computers as the newest participant in its OrangeQS MAX Partnership Program. The collaboration will focus on advancing quantum chip testing technology as the industry works toward larger and more scalable quantum computers. IQM is a European developer of superconducting quantum computers serving enterprises, research institutions, universities, high-performance computing centers, and national laboratories. Through the partnership program, IQM will contribute to developing chip-testing methodologies that meet the requirements of future quantum technology. Preparing Quantum Chip Testing for Scale As quantum computers grow and quantum processors contain more qubits,…
