NVIDIA is in final negotiations to acquire open-source AI platform Hugging Face for approximately $14 billion.
Bloomberg reports the companies could finalize the deal as soon as this week.
The transaction includes a $1 billion retention package for employees following weeks of negotiations.
This acquisition aims to expand NVIDIA's influence beyond hardware into the AI software and developer ecosystem.
Hugging Face currently operates as a central hub for sharing AI models.
The integration would enhance NVIDIA's platform offerings and its standing within the global AI community.