Politics
Nvidia Buying AI Platform Hugging Face in $13 Billion Deal
Key Points
Nvidia has agreed to purchase artificial intelligence startup Hugging Face. The transaction is valued at about $13 billion and includes an up to $1 billion equity-based retention program for Hugging Face employees that join Nvidia. Carmen Reinicke reports on Bloomberg Television.
Nvidia has agreed to purchase artificial intelligence startup Hugging Face. The transaction is valued at about $13 billion and includes an up to $1 billion equity-based retention program for Hugging Face employees that join Nvidia. Carmen Reinicke reports on Bloomberg Television. (Source: Bloomberg)