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Nvidia Buys Hugging Face for $12.93B to Bolster AI Software Dominance

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The Story

News Summary

  • Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.93 billion.
  • Hugging Face hosts over 18 million developers and 3 million AI models, significantly cementing Nvidia's dominance across software, community ecosystems, and enterprise AI deployment while maintaining an open platform model.
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