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Nvidia agrees to buy Hugging Face for $12.9 billion, report says

Source: cnbc.com

M&A & RestructuringArtificial IntelligenceCompany Fundamentals
Nvidia agrees to buy Hugging Face for $12.9 billion, report says

Nvidia agreed to acquire Hugging Face for $12.9B, a major move to strengthen its position in enterprise AI tooling. With the deal size at $12.9B, investors may view it as an upside catalyst for Nvidia’s AI platform strategy despite limited immediate details from both parties.

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