Nvidia Eyes $12.9B Deal for Hugging Face Amid AI Boom

Nvidia is reportedly in talks to acquire Hugging Face for $12.9 billion, according to The Information.

The deal would mark one of Nvidia's largest acquisitions to date and demonstrate its confidence in the growing demand for artificial intelligence technology.

Hugging Face hosts open-source AI models and datasets, which could give Nvidia control over a key component of the AI ecosystem.

Nvidia has invested heavily in the AI space, backing companies like OpenAI and investing billions of dollars across the industry.