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ActiveAIAcquisition$12.9 billion

Nvidia buys the front door to open AI as closed labs increasingly design their own silicon

Photo: The Decoder

What happened

Nvidia plans to acquire Hugging Face for about $12.9 billion, securing the central platform for open AI models. More than 18 million developers and 200,000 companies use the hub. CEO Jensen Huang promises to keep the platform open and hardware-neutral, but the deal also hands him a powerful distribution channel for compute.

Summary assembled by rule from the sources below

Sources