Nvidia to Acquire Hugging Face for $12.93B in AI Ecosystem Move; NVDA Shares Hit Two-Month High
According to Needham and Raymond James, Nvidia agreed on September 4 to acquire artificial intelligence platform Hugging Face for approximately $12.93 billion, comprising $11.9 billion in cash and an additional $1 billion in stock-based employee retention. Needham analyst Rajvindra Gill maintained a
NVDA-3.34%
GateNews·09-04 16:55
