Zhitong Finance App learned that according to reports, Nvidia (NVDA.US) has conducted serious negotiations over the past few weeks to acquire the AI open source community Hugging Face, and the proposed deal values the latter at more than 13 billion US dollars. The two sides have yet to reach an agreement, and negotiations are still likely to break down. Furthermore, people familiar with the matter said that Microsoft (MSFT.US) has also contacted Hugging Face, but negotiations are not continuing.

Zhitong Finance App learned that according to reports, Nvidia (NVDA.US) has conducted serious negotiations over the past few weeks to acquire the AI open source community Hugging Face, and the proposed deal values the latter at more than 13 billion US dollars. The two sides have yet to reach an agreement, and negotiations are still likely to break down. Furthermore, people familiar with the matter said that Microsoft (MSFT.US) has also contacted Hugging Face, but negotiations are not continuing.