← Back to headlines
Nvidia Agrees to Acquire Open-Source AI Platform Hugging Face in $12.9 Billion Deal
Reports indicate that Nvidia has agreed to acquire the open-source artificial intelligence platform Hugging Face in a transaction valued between $12.9 billion and $16.4 billion. The move would significantly expand Nvidia’s software capabilities in the generative AI sector.
27 Aug, 00:45 — 27 Aug, 03:17
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (51/100)4 sources30/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
marketwatch
Right3
Right (3)
straits-timesstar-malaysiachannel-news-asia
Far R
Geographic diversity— 3 regions13/34
Singapore2US1Malaysia1
Sources
Showing 4 of 4 sources
marketwatchMostly Factual1h ago
What to know about Hugging Face, the open-source AI startup reportedly catching Nvidia’s eye
New reports outline deal talks between the two companies as open-source AI technology comes more into focus.
By Emily Bary
Read full article →straits-timesMostly Factual1h ago
Nvidia agrees to buy Hugging Face for $16.4 billion: Report - The Straits Times
Nvidia agrees to buy Hugging Face for $16.4 billion: Report The Straits Times
Read full article →channel-news-asiaMostly Factual3h ago
Nvidia agrees to buy Hugging Face for US$12.9 billion: Report
The Financial Times reported in January that Hugging Face last year rejected a US$500 million investment offer from Nvidia that would have valued it at US$7 billion.
Read full article →star-malaysiaMixed2h ago
Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports - The Star
Nvidia agrees to buy Hugging Face for $12.9 billion, The Information reports The Star
Read full article →Coverage Timeline
First report: channel-news-asia · 27 Aug, 00:45|Full coverage: 4 · 3h|Window: 3h
Left-leaningCenterRight-leaning
