Nvidia Nears $14 Billion Hugging Face Acquisition
Hyperdash NewsEquitiesNvidia is reportedly nearing a deal to acquire AI startup Hugging Face for $12.9 billion. This potential acquisition would expand Nvidia's presence in the AI software and developer tools market, moving beyond its core hardware business. Neither company has officially confirmed the transaction.
This potential acquisition would give Nvidia control over a platform that hosts nearly 2.96 million models and 1 million datasets. The reported $12.9 billion valuation represents an approximately 86x revenue multiple based on an estimated $150 million annual recurring revenue. On Hyperdash, 
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