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Nvidia Buys Hugging Face for $13B to Cement Full-Stack AI Dominance

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Nvidia has acquired open-source AI platform Hugging Face for $12.9 billion, reinforcing its developer ecosystem and open AI model strategy.
  • The company now represents 8% of the S&P 500 market cap, underscoring its massive expansion across AI hardware and software infrastructure.
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NVDA price history

210.96 +18.92% over the displayed period

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