Nvidia Acquires AI Startup Hugging Face for $13 Billion
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Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Nvidia (NDVA) shares are a tick higher this morning as it has agreed to acquire artificial intelligence startup Hugging Face in a transaction valued at about $13 billion.
Snowflake (SNOW) jumped this morning after it raised its outlook for annual sales, topping expectations.
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Bloomberg — Nvidia Up on Acquisition; Snowflake Jumps on Outlook | Stock Movers