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Nvidia Eyes Record-Breaking Deal to Dominate AI Landscape
Nvidia is reportedly in advanced talks to acquire AI platform Hugging Face for around $12.9 billion, according to Bloomberg.
The total package could approach $14 billion, with almost $1 billion allocated towards employee retention.
Hugging Face has become a key meeting point for AI engineers, providing models, datasets and tools used throughout the field.
Nvidia's acquisition of Hugging Face would put it in closer contact with developers generating massive AI models and further solidify its influence in the AI ecosystem.