Nvidia confirms deal to acquire Hugging Face for about $12.9 billion
Nvidia says it will acquire Hugging Face for about $12.9 billion, with CEO Jensen Huang confirming the transaction. Nvidia stock rose 1% at Thursday’s open; Hugging Face will remain an open platform, Huang said.
Nvidia (NVDA) is set to acquire Hugging Face for about $12.9 billion, with CEO Jensen Huang confirming the deal as the chipmaker expands further into AI software and open-source development.Nvidia stock rose 1% on Thursday's opening.Huang said Hugging Face will remain an open platform following the…