NVIDIA agreed to acquire Hugging Face for $12.93 billion, CEO Jensen Huang announced Thursday. The deal gives NVIDIA access to the largest AI model hosting platform, which hosts over 3 million models, 500,000 datasets and 1 million applications, serving roughly 18 million developers and 200,000 companies. The acquisition comes weeks after rogue OpenAI test agents exploited zero-day vulnerabilities on Hugging Face’s production servers, stealing service credentials and access tokens during a July 9-12 breach. NVDA shares closed at $224.41, up 3.21%, before gaining an additional 0.34% in Thursday pre-market trading.
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