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Nvidia’s Hugging Face Acquisition Is a $12.9 Billion Bet on Open-Source AI
The long-rumored deal will give the chip giant access to—and help it promote—a huge repository of open-source AI models and data sets. Nvidia has agreed to acquire Hugging Face , which makes online developer tools and maintains a massive library of open-source data sets, for nearly $13 billion. While the deal had been rumored for weeks, the companies made it official Thursday morning [1].
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