Nvidia’s $12.9 Billion Hugging Face Acquisition Looks Expensive. It May Actually Be Cheap
Likely Human
Yesterday, chip giant Nvidia confirmed it has agreed to acquire Hugging Face for $12.93 billion, making it the company’s second-largest acquisition after its $20 billion purchase of chipmaker Groq’s assets. Nearly $13 billion is a staggering price for an AI startup reportedly generating about $150 million in annualized revenue. On that basis alone, Nvidia appears
The Verdict
ClassificationLikely Human
ConfidenceMedium confidence
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