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Euronews
Euronews
Una Hajdari

Nvidia to buy open-source AI hub Hugging Face for $12.9bn

Nvidia has announced its acquisition of Hugging Face, the platform that has become the default home for open-source artificial intelligence development, for $12.93bn (€11.1bn), the chipmaker's chief executive Jensen Huang announced on Wednesday.

The deal brings together two companies that sit at opposite ends of the AI supply chain but have grown increasingly dependent on each other.

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