Nvidia to buy Hugging Face for $12.93 billion
Nvidia is spending $12.93 billion to acquire Hugging Face, a move analysts say strengthens its position beyond GPUs.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
5 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Nvidia to acquire Hugging Face for $12.93 billion
Nvidia said it is acquiring Hugging Face for $12.93 billion. The offer implies about 13.4% of Nvidia’s latest quarterly revenue, with $11.9 billion to investors and up to $1 billion for keeping operations running.
Jensen Huang says Nvidia’s $12.93B Hugging Face deal keeps it open
Nvidia agreed to acquire Hugging Face for $12.93 billion. CEO Jensen Huang said the AI platform will remain open for the entire AI ecosystem in a Thursday blog post.
Nvidia agrees to acquire Hugging Face for $12.930 billion
Nvidia has agreed to acquire Hugging Face, an AI company, for $12.930 billion. CEO Jensen Huang said in a blog post the platform is used by over 18 million developers, researchers and creators.
Nvidia agrees to acquire Hugging Face for $12.93 billion
Nvidia has agreed to acquire Hugging Face for $12.93 billion, expanding its reach into the software developers use to build and deploy artificial intelligence.