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

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

Hugging Face functions as a cloud-based hub where developers can search, download, run, and fine-tune AI models, then upload their variants. This acquisition could help Nvidia expand its influence across AI development.

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