Nvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year (Ari Levy/CNBC)
Nvidia is paying nearly $13 billion to move deeper into AI software and open-model infrastructure.
The deal values Hugging Face at $12.9 billion, making it Nvidia’s second-largest acquisition after last year’s $20 billion Groq asset purchase. Techmeme’s note says the acquisition takes Nvidia beyond hardware and further up the AI stack. The post also points to parallel coverage from Reuters, WSJ, Bloomberg, and The Verge. Techmeme's note
The deal values Hugging Face at $12.9 billion, making it Nvidia’s second-largest acquisition after last year’s $20 billion Groq asset purchase. Techmeme’s note says the acquisition takes Nvidia beyond hardware and further up the AI stack. The post also points to parallel coverage from Reuters, WSJ, Bloomberg, and The Verge. Techmeme's note
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