Nvidia bought Hugging Face or made a major catalyst of $12.9 billion

Nvidia (NVDA) may be setting up another major catalyst for investors, who reportedly agreed to buy Hugo Face for $12.9 billion. This deal will be one of the largest acquisitions in Nvidia and will enable companies to control one of the most important platforms in the open source artificial intelligence (AI) ecosystem. Holding millions of AI models and data sets has become a key destination for developers to construct and deploy open source AI. The acquisition of the platform would enhance Nvidia ' s position at the level of AI software and developers and could further enhance the demand for its GPU and CUDA ecosystems. Nvidia ' s AI growth story remains strong, with the recently released quarterly performance strong, and the outlook shows continued AI-driven growth。