Nvidia confirms $12.9B acquisition of AI hosting platform Hugging Face
- Hugging Face: 50 events in the last 90 days
- Hugging Face: 9th Acquisition in the last 90 days
- Previous: earlier the same day · Hugging Face goes from a ‘scrappy’ startup named after an emoji to $13 billion Nvidia acquisition
What happened
Nvidia Corp. today confirmed that it has agreed to buy Hugging Face Inc. for just over $12.93 billion. CNBC reported that the acquisition talks began a few weeks ago. Rumors that a deal was in the works surfaced last Monday, when sources tipped off Business Insider about the discussions. Two days later, The Information reported […] The post Nvidia confirms $12.9B acquisition of AI hosting platform Hugging Face appea…
Summary assembled by rule from the sources below