- NVDAX0%
- O-3.37%
BlockBeats News, September 2nd, according to foreign media citing sources familiar with the matter, Nvidia (NVDA.O) is in advanced talks to acquire the artificial intelligence startup Hugging Face, in a deal worth about $14 billion. One source said Nvidia could reach an agreement as early as this week to acquire Hugging Face for $12.9 billion, a deal that may include a $1 billion employee retention plan.
The two parties have not yet reached a final agreement, and the timing and specific terms of the transaction may still change.
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