Nvidia Eyes $13 Billion Acquisition of Hugging Face AI Startup

Nvidia Corp., a leading manufacturer of graphics processing units (GPUs), has been in talks to acquire Hugging Face, an artificial intelligence startup. According to Business Insider, citing an unidentified person familiar with the matter, the two sides have held serious conversations about a transaction that would potentially value Hugging Face at over $13 billion.

The discussions come as Nvidia continues to expand its presence in the AI market through various acquisitions and partnerships. The company has been investing heavily in developing GPU technology for use in AI applications, including natural language processing (NLP) and computer vision.