Why is Nvidia paying nearly $13 billion for Hugging Face?

Tech correspondent Stephen Nellis explains why Nvidia will buy popular developer platform Hugging Face for $12.93 billion, even as the chipmaker's biggest customers develop their own chips to reduce reliance on Nvidia. #News #Reuters #Newsfeed #nvidia #technology #huggingface #chipmaker #business #deals Read the story here: https://reut.rs/46L5M05 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagr…

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