Nvidia Nears Acquisition of AI Startup Hugging Face

Serdar HocamAuthor & Editor

Technology giant Nvidia is nearing the final stages of talks to acquire artificial intelligence startup Hugging Face.

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Watch Nvidia May Be Close to Agreeing $14 Billion Deal for AI Startup Hugging Face - Bloomberg

According to sources close to the matter, Nvidia is in advanced negotiations to acquire artificial intelligence startup Hugging Face at a valuation of approximately $14 billion.

Advanced Stage in Negotiations

A new step is being taken as part of Nvidia's strategic moves to expand its investments in the field of artificial intelligence.

It is stated that the company is very close to signing a massive acquisition agreement with the popular artificial intelligence platform Hugging Face.

$14 Billion Valuation

The massive partnership and acquisition process that has come to the agenda is expected to reach a scale of approximately $14 billion.

This financial magnitude draws attention as one of the largest artificial intelligence investments in the sector.