Nvidia agrees to acquire Hugging Face for $13B

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• Filing: Nvidia says it has $18B committed to equity investments for the rest of the fiscal year and held $47.9B in private companies as of late July
• Source: Nvidia has agreed to buy Hugging Face for $12.9B; the AI repository has had several potential suitors among its investors, including Salesforce
• Source: Nvidia has been in talks to acquire Hugging Face for more than $13B; Microsoft also met with Hugging Face, but talks are not ongoing
• Source: Nvidia has agreed to buy Hugging Face for $12.9B
• Amazon just tripled its order of Nvidia chips over ‘surging demand’