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Nvidia announced on Thursday that it will buy artificial intelligence startup Hugging Face for $12.9 billion, a massive bet by the chipmaker to expand the reach of open-source AI technology.

It works across Windows, Linux and macOS to speed up processing.

Nvidia is announcing its new Personal AI Router (PAIR), a free tool that syncs up your home computers for tackling local AI inference tasks with tools like Ollama and LM Studio.

Nvidia co-founder and CEO Jensen Huang is making a big new bet on an open-source AI future. On Thursday, Huang announced that Nvidia, a major supplier of hardware to power AI applications, reached a deal to acquire Hugging Face - which operates a platform for building AI open-source models - for $12.

Plus, models from Anthropic, Google and World Labs

The Roundhill Magnificent Seven ETF is closing in on its May peak — this time thanks to Nvidia.

Nvidia said Thursday it will buy AI developer platform Hugging Face for $12.93 billion, its latest major investment to expand its influence in open-source artificial intelligence. The deal would