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Nvidia Stock: Chipmaker Buys Hugging Face

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Nvidia (NVDA) on Thursday announced a deal to buy AI developer platform Hugging Face for $12.93 billion in the company’s largest acquisition. Nvidia stock rose a fraction. “Together, we will scale Hugging Face’s platform, strengthen its infrastructure and expand access to AI for developers and institutions worldwide,” Nvidia Chief Executive Jensen Huang said in a blog post. “Hugging Face will…

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