Nvidia Pursues $14 Billion Acquisition of AI Startup Hugging Face

Nvidia is reportedly in advanced talks to acquire artificial intelligence startup Hugging Face for around $14 billion, according to sources close to the matter.

The deal could be worth approximately $12.9 billion and may include a $1 billion retention package for Hugging Face employees, one of the people familiar with the matter stated.

A final agreement has not been reached, and the timing or details could still change, the sources added.