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NVIDIA announces acquisition of Hugging Face for $12.9 billion
According to CoinDesk, Nvidia announced the acquisition of the open-source AI platform Hugging Face for $12.9 billion. NBA star Kevin Durant initially invested $250,000, and after this acquisition, the value of his shares may exceed $60 million, yielding a return on investment of about 240 times.
Hugging Face has now become an important aggregation platform for AI models and has extended into the cryptocurrency field through decentralized AI-related projects. This acquisition may further promote the integration of the AI and cryptocurrency industries.
