Nvidia Eyes Hugging Face in Potential $13 Billion Deal

Nvidia is in talks to buy Hugging Face, an open-source AI model hub, for over $13 billion, per Business Insider. Hugging Face last raised $235 million at a $4.5 billion valuation in August 2023, backed by Amazon, Google, Nvidia, IBM, and Salesforce. The reported price would nearly triple that valuation.