Nvidia Eyes $14B Hugging Face Deal Amid AI Expansion Push
Nvidia is reportedly in advanced talks to acquire AI startup Hugging Face for approximately $14 billion, according to Bloomberg News.
The deal could be worth around $12.9 billion, with a potential retention package of $1 billion for Hugging Face employees.
No final agreement has been reached yet, and the terms or timing may still change, per Bloomberg's report.