Nvidia in Advanced Talks to Acquire Hugging Face for $14 Billion

Nvidia (NVDA) is in deep negotiations to acquire AI startup Hugging Face in a deal potentially valued at $14 billion, including a $1 billion employee retention plan. An agreement could be reached as early as this week for $12.9 billion. This acquisition would mark a major move by CEO Jensen Huang to expand Nvidia's AI ecosystem and control a key platform for global AI model development.