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NVIDIA reportedly in talks to acquire Hugging Face for over $13 billion

Original: NVIDIA (NVDA.US) is reportedly in talks to acquire AI open-source community Hugging Face, with a valuation potentially exceeding $13 billion.

NVIDIA is reportedly in talks to acquire Hugging Face, the open-source AI community behind widely used machine learning tools and model repositories, in a deal that could value the company at more than $13 billion. If confirmed, the acquisition would give the chipmaker a major foothold in the open-source AI ecosystem. The reports have not yet been officially confirmed by either company.

Why now: News of a potential multibillion-dollar acquisition of the leading open-source AI platform by the dominant AI chipmaker would reshape the AI industry landscape.

NVIDIAHugging Face

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