Nvidia Buying AI Platform Hugging Face For $12.9 Billion

Nvidia (NVDA) on Thursday announced a deal to buy AI developer platform Hugging Face for $12.93 billion in the company’s largest acquisition. Nvidia stock rose on the news. “Together, we will scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,” Nvidia Chief Executive Jensen Huang said in a blog post. “Hugging Face…