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Nvidia Buys Hugging Face for $12.9 Billion

The $12. 9 Billion Bet on Open Models: A New Era for AI? Nvidia's acquisition of Hugging Face has sent shockwaves through the tech industry, but what does it really mean?

At its core, this deal is a vote of confidence in the power of open models to drive innovation and growth in artificial intelligence. Nvidia's CEO Jensen Huang has long been a proponent of open source AI development.

Hugging Face is an open source platform that allows developers to build, share, and use pre trained models for various tasks such as natural language processing, computer vision, and more.

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