NVIDIA Nears Closing a Whopping $14 Billion Deal to Acquire Hugging Face This Week
2 day ago / Read about 0 minute
Author:小编   

According to insiders with knowledge of the situation, NVIDIA is deeply engaged in acquisition negotiations with AI startup Hugging Face, with the overall value of the deal potentially soaring to $14 billion. Sources, who wished to remain anonymous, have indicated that NVIDIA might wrap up the acquisition as early as this week, at a price tag of $12.9 billion. This deal is also set to encompass $1 billion in retention bonuses for Hugging Face staff. As of now, no final agreement has been inked by the two parties, and both the timing and specific terms of the deal remain flexible and open to modification. Officials from both NVIDIA and Hugging Face have chosen not to provide any comments on the matter.