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Nvidia Agrees to Acquire Hugging Face for $12.93 Billion

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Nvidia confirmed it has agreed to acquire Hugging Face for $12.93 billion, gaining ownership of a key platform for distributing open and open-weight AI models. Hugging Face hosts open-source software, downloadable model weights under permissive licenses, models with additional terms, and repositories that may be access-gated, linking model makers and users.

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