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Nvidia Nears $14 Billion Hugging Face Deal This Week

Source: Bloomberg

M&A & RestructuringArtificial IntelligenceTechnology & Innovation

Nvidia is reported to be in advanced talks to acquire AI startup Hugging Face in a deal that could total about $14B. The prospective transaction underscores Nvidia’s push deeper into AI software and model ecosystems and is likely to be viewed positively by investors given the strategic fit.

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