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Nvidia Reportedly Set to Acquire AI Model Hub Hugging Face for $12.9 Billion

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Nvidia is reportedly moving forward with a $12.9 billion acquisition of Hugging Face, a move that would deepen the chipmaker’s ties to the broader AI industry. Hugging Face operates as a cloud repository where developers can browse, download, and fine-tune AI models before uploading new variants back to the platform. The deal is seen as a way for Nvidia to strengthen its integration with the AI developer ecosystem.

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