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Nvidia reportedly agrees to acquire Hugging Face for $12.9 billion

Nvidia has agreed to buy Hugging Face for $12.9 billion, The Information reported, citing a person with knowledge of the agreement. Hugging Face is known for a GitHub-like repository of open-source AI models. The supplied report says the transaction would put Nvidia in charge of the company, but provides no further terms or confirmation from either company.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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