Nvidia to buy Hugging Face for $13 Billion
New York, Sept. 4 -- Nvidia Corp. has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion. The price includes an up to $1 billion equity-based retention program for Hugging Face employees that join Nvidia. The chipmaker giant said it will keep Hugging Face's platform open and consistent with the startup's existing practices. P11...
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