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Nvidia to buy AI platform Hugging Face for nearly $13B
Source: foxbusiness.com
M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Nvidia will acquire the AI developer platform Hugging Face for approximately $13B, expanding its footprint in the open-source AI ecosystem. The deal reinforces Nvidia’s strategy to deepen software/platform capabilities alongside its hardware. This is a major M&A move that is likely to be sector-moving given the strategic value of developer tools and models.
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