NVIDIA to Acquire Hugging Face

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NVIDIA has agreed to acquire the AI model platform Hugging Face for $12.93 billion to scale its infrastructure and expand global AI access. The acquisition brings a leading repository for open-source AI models and datasets under the world's largest AI chipmaker. NVIDIA affirms that Hugging Face will remain an open platform, aiming to enhance innovation and ecosystem growth for developers and institutions worldwide, despite the platform previously rejecting investment to maintain its independence.
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