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Nvidia-Hugging Face Acquisition

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Earlier report Filed 4 Sept, 12:41 UTC Nvidia Agrees to Buy Hugging Face for $12.9 Billion Nvidia has agreed to acquire AI developer platform Hugging Face in a $12.9 billion deal. The acquisition gives Nvidia control of a leading open-source AI platform and developer community, with reports noting the company is betting that support for open AI models could help offset any slowdown in demand for its chips. Business · 3 sources