Nvidia Just Bought Hugging Face for $12.93 Billion. Here’s What It Means.
Nvidia officially confirmed this morning that it has agreed to acquire Hugging Face for $12.93 billion — making it the chipmaker’s second-largest acquisition in history, behind only the $20 billion purchase of Groq assets last December. Jensen Huang announced the deal in a blog post, and the SEC 8-K was filed yesterday. The headline number…
