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Nvidia to Acquire Hugging Face in $12.9 Billion Deal
Nvidia has agreed to acquire AI developer platform Hugging Face for around $12.9 billion, its second-largest deal on record.
The acquisition marks a significant expansion of Nvidia's presence in the AI software stack and comes as the company continues to drive growth through its computing infrastructure.
Hugging Face is a central hub for open-source AI models, with over 18 million developers using the platform and more than 200,000 companies utilizing it to discover, evaluate, customize, and deploy AI.