Nvidia to buy Hugging Face for $12.9 billion
Nvidia announced the purchase of Hugging Face for $12.9 billion, according to Barrons.com via TradingView News.
By Adam ClarkNvidia's acquisition of Hugging Face doesn't make a whole lot of sense on financial grounds.
But it's a lot more logical if you think about it as an insurance policy for the chip maker.The $12.9 billion purchase, announced Thursday, is a hefty one.
Hugging Face is estimated to be gener…