Nvidia, the major US semiconductor company, has reportedly entered serious talks to acquire AI platform company Hugging Face, which is valued at approximately $13 billion. The report attributed the information to Business Insider, while Reuters added that it was unable to immediately verify the details.
Nvidia, the major US semiconductor company, has reportedly entered substantive talks to acquire Hugging Face, which provides an AI platform, according to people familiar with the matter. Hugging Face is reportedly valued at approximately $13 billion.
The report said Business Insider was the first to report the information, while Reuters added that it was unable to immediately verify the details.
At this point, the situation is not accompanied by any confirmed specific deal terms or timetable, and further details may emerge in subsequent reports.