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Nvidia to acquire Haging in AI push
Nvidia has officially announced its approval to acquire the open-source artificial intelligence platform "Hugging Face" for $12.9 billion. This move aims to strengthen its position in the AI field and expand access to technology for developers and organizations worldwide. The platform will remain an open service and will be further expanded. This step comes amid increasing demand for Nvidia's AI-supporting processors and highlights the importance of open-source AI, which has gained further prominence following a security breach that raised safety concerns. CEO Huang believes that the open approach offers greater protection, noting a significant difference between the number of security advocates and attackers. This acquisition is Nvidia's second-largest, after their $20 billion purchase of GROQ's assets.
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