NVIDIA announced the acquisition of Hugging Face for $12.9 billion

According to CoinDesk, Nvidia announced the acquisition of the open-source AI platform Hugging Face for $12.9 billion. NBA star Kevin Durant initially invested $250,000, and after this acquisition, his stake may be worth over $60 million, yielding a return on investment of about 240 times.

Hugging Face has now become an important aggregation platform for AI models and has extended into the crypto space through decentralized AI-related projects. This acquisition may further promote the integration of the AI and crypto industries.