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Nvidia in advanced talks to acquire Hugging Face for $12.9B

Nvidia is in advanced talks to acquire Hugging Face for $12.9 billion, A $1 billion retention package for employees would put the deal at about $14 billion.

NVDA

Nvidia NASDAQ:NVDA is in advanced talks to acquire Hugging Face for $12.9 billion, A $1 billion retention package for Hugging Face employees would take the transaction to about $14 billion.

Nvidia shares are up 0.22% intraday.Hugging Face…