Nvidia Reportedly Agrees to Acquire Hugging Face for $13 Billion

Nvidia has reportedly reached an agreement to acquire the open-source AI model hosting platform Hugging Face in a deal valued at approximately $13 billion.

The acquisition aims to bolster Nvidia's dominance in the AI infrastructure market by integrating Hugging Face's extensive repository of machine learning models.

This move follows a period of intense M&A interest in the startup, signaling a major consolidation trend within the global artificial intelligence sector.