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 (Business Insider)

Nvidia has been negotiating a potential acquisition of AI startup Hugging Face valued at more than $13 billion, while Microsoft held meetings with the company that are no longer active. In its second-quarter earnings, Nvidia reported revenue of $96.22 billion, a 106% year-over-year increase, with data-center sales climbing 117% to $89 billion.