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Nvidia Reportedly 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 leading cloud repository for AI models. The platform functions much like GitHub does for software, allowing developers to discover, download, fine-tune, and share AI models. The deal would deepen Nvidia's integration across the broader AI industry, strengthening its position as a key infrastructure provider.

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