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NVIDIA buys Hugging Face for $13B
Nvidia announced its intention to acquire the artificial intelligence platform "Hugging Face" for approximately $12.93 billion, in an effort to strengthen its position in the AI technology sector. The platform is used by over 18 million developers and researchers, and hosts more than 3 million models and 500,000 datasets. This move comes after several security breaches of AI platforms and increasing concerns about their security capabilities. Nvidia aims to expand its market share and enhance its capabilities in the artificial intelligence industry.
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