💻 Technology 11h ago · Craig Hale

Nvidia wants to buy Hugging Face in $13 billion blockbuster AI deal

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Nvidia wants to buy Hugging Face in $13 billion blockbuster AI deal
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Nvidia is reportedly preparing to acquire Hugging Face for $12.9bnA 2023 investment round valued the company at $4.5bnNvidia is on a roll of investing heavily in other companiesNvidia has reportedly spent the past couple of weeks actively engaging with Hugging Face to explore an acquisition deal worth an estimated $12.9 billion, according to Business Insider reporting, citing an unnamed source familiar with the matter.To date, the companies are yet to reach an agreement, but with the current val

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