NVIDIA to Acquire Hugging Face for Over $13 Billion, Microsoft Also Involved in Initial Talks
NVIDIA is discussing the acquisition of the open-source AI platform Hugging Face, with a valuation exceeding $13 billion, which could become one of its largest acquisitions. Microsoft had only made initial contact without proceeding further. Hugging Face had previously declined a $500 million investment from NVIDIA to avoid having a major investor interfere with its decisions.
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