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Nvidia Acquires Hugging Face for $12.9B to Cement AI Software Dominance

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

News Summary

  • Nvidia agreed to acquire open-source AI platform Hugging Face for $12.93 billion to expand its reach into AI development software.
  • Hugging Face hosts over 18 million developers and will remain an open, multi-hardware platform, broadening Nvidia's influence across the broader AI ecosystem.
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