AIFortuneabout 2 hours ago
Nvidia acquires Hugging Face for $12.93 billion
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Nvidia agreed to acquire Hugging Face for $12.93 billion, roughly 86 times the platform's $150 million annualized revenue. The New York-based startup hosts over 3 million models and 500,000 datasets for more than 18 million developers, making it Nvidia's second-largest purchase after Groq's $20 billion deal.
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