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Nvidia's $13B Hugging Face buy hands three tracked wallets a bigger AI bet
Three tracked wallets ride Nvidia into a new bet: on September 3 it agreed to buy Hugging Face, the site where 18 million developers share AI models, for nearly $13 billion. Nvidia is moving beyond selling chips to owning the software layer where AI gets built. Pelosi's fund is heaviest here, with almost a fifth in Nvidia, so her wallet gains most if the push up the AI stack pays off.