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

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Nvidia is reportedly set to acquire Hugging Face, the popular AI model repository, for $12.9 billion. The deal would deepen Nvidia's integration with the broader AI industry.

Hugging Face serves as a cloud-based platform where developers can search for, download, run, and fine-tune AI models, then upload their own variants. This mirrors how GitHub works for traditional software development.

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