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NVIDIA to Acquire AI Platform Hugging Face for Nearly $13 Billion

CoinGape ·

NVIDIA has reached an agreement to acquire the open-source AI platform Hugging Face for approximately $13 billion. This acquisition is part of NVIDIA's broader strategy to expand its AI infrastructure and promote the development of open-weight AI models, as confirmed by CEO Jensen Huang.

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Summaries are written by AI from the original article. Not investment advice.

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