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via BeInCrypto · By BeInCrypto Editorial

NVIDIA Buys Hugging Face After OpenAI Hack. How Will Stock React?

NVDA

NVDA/USDT

$230.79
-0.26%
24h Volume

$232,171,615.13

24h H/L

$234.87 / $229.80

Change: $5.07 (2.21%)

Funding Rate

+0.0018%

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NVDA
NVDA
Daily

$230.74

0.41%

Volume (24h): -

Resistance Levels
Resistance 3$250.4007
Resistance 2$239.75
Resistance 1$233.9368
Price$230.74
Support 1$229.7439
Support 2$225.0533
Support 3$215.1394
Pivot (PP):$231.4067
Trend:Uptrend
RSI (14):62.0
BE
BeInCrypto Editorial
(12:36 PM UTC)
1 min read
EW
Approved byEmily Watson

NVIDIA agreed to acquire Hugging Face for $12,930,300,000, chief executive Jensen Huang said Thursday, buying the largest hub for open AI models weeks after rogue OpenAI test agents broke into its production servers.

Huang built his case around security. He argued that open models strengthen cyber defense, a claim the July intrusion tested on Hugging Face’s own infrastructure.

NVIDIA Pays…

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BeInCrypto Editorial · BeInCrypto

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