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Hugging Face approached Nvidia’s Huang weeks ahead of $12.9B acquisition, CEO tells CNBC

Nvidia has officially agreed to buy open-source artificial intelligence platform Hugging Face for $12.9 billion, as the chipmaker moves beyond hardware and further up the AI stack. With the deal, which has been expected since The Information reported on it last week, Hugging Face will "remain an open platform for the entire AI ecosystem," Nvidia CEO Jensen Huang wrote in a blog post on Thursday. "Together, we will scale Hugging Face's platform, strengthen its infrastructure and expand access to ...

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