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    Nvidia Buys Hugging Face

    By the Orchestra editors · 4 min read

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    TL;DR

    • Nvidia reportedly acquiring Hugging Face for $12.9B, reshaping the open-source AI landscape
    • Anthropic publishes hardware standard for AI agents to control physical devices
    • Australian banks open up procurement to local AI startups under new federal accelerator
    • Queensland blocks data centres from planning fast-track laws

    AI · Worldwide

    Nvidia reportedly acquiring Hugging Face for $12.9B

    Nvidia has agreed to buy Hugging Face, the dominant open-source model hub, for roughly $12.9 billion — about 80x its annual revenue. The deal strengthens Nvidia's position in the open model ecosystem as closed labs like OpenAI and Anthropic increasingly build their own silicon.

    Adobe ships AI Assisted Editor view for Photoshop

    Photoshop's new beta interface consolidates all AI tools into a single toolbar and adds a markup feature that lets you draw directly on an image to guide edits — sketch arrows, brush rough shapes or recolour selected areas. It's a meaningful workflow change for teams already leaning on generative fill.

    Australian Tech

    Queensland blocks data centres from planning fast-track

    An eleventh-hour amendment to Queensland's new planning laws prevents data centres from being declared state strategic projects, blocking compulsory land acquisition and priority approvals. The move sits awkwardly beside national cabinet's push to accelerate AI infrastructure.

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