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Nvidia Nears $14 Billion Hugging Face Deal This Week

TL;DRNvidia in talks to buy AI startup Hugging Face for roughly $14 billion.

Why it matters: Consolidates GPU giant's control over AI model development and deployment infrastructure.

Nvidia Corp. is in advanced talks to acquire artificial intelligence startup Hugging Face in a transaction that may total about $14 billion, according to people familiar with the matter.

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Source: Bloomberg Tech · Opens in new tab