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Nvidia announced its acquisition of Hugging Face for $12.93 billion, a move aimed at enhancing its position in the AI industry. Hugging Face is known for its open-source AI models, which have gained popularity following a breach involving OpenAI. Nvidia's acquisition aligns with its strategy for vertical integration and support for open-source models.
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Nvidia announced its acquisition of Hugging Face for $12.93 billion, a move aimed at enhancing its position in the AI industry. Hugging Face is known for its open-source AI models, which have gained popularity following a breach involving OpenAI. Nvidia's acquisition aligns with its strategy for vertical integration and support for open-source models.
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Nvidia Acquires Hugging Face for $12.93 Billion