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Nvidia Purchases Open-Source AI Hub Hugging Face for $12.9 Billion
Nvidia has completed a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, agreeing to a purchase price of approximately $12.9 billion. The transaction, reported by BBC News, involves a cash payment of about $11.9 billion that will be directed to the investors who hold shares in Hugging Face. In addition, Nvidia has indicated that it may allocate as much as $1 b…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open-Source AI Hub Hugging Face in $12.9 B Deal
Nvidia has finalized a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, sealing a deal valued at approximately $12.9 billion. According to reporting from BBC News, the bulk of the purchase price—about $11.9 billion—will be paid directly to the investors who hold shares in Hugging Face, while an additional tranche of up to $1 billion may be allocated as stock‑…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia has finalized a transaction to acquire the open‑source artificial‑intelligence platform Hugging Face for an estimated $12.9 billion. The agreement, reported by BBC News, stipulates that Nvidia will hand over about $11.9 billion to the existing investors in Hugging Face, while also reserving the option to allocate as much as $1 billion in stock‑based incentives designed to retain key talent…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia has completed a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, agreeing to a purchase price of about $12.9 billion. The transaction, detailed in a BBC News report, stipulates that Nvidia will hand over approximately $11.9 billion to the investors who currently hold shares in Hugging Face. In addition, the tech giant has the option to allocate as much…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia announced that it has completed the purchase of the open‑source artificial‑intelligence platform Hugging Face for an enterprise value of approximately $12.9 billion. The bulk of the purchase price—about $11.9 billion—will be paid directly to the investors who own shares in Hugging Face, while the agreement also includes a provision for up to $1 billion worth of stock‑based incentives desig…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Purchases Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia announced that it has completed the acquisition of Hugging Face, the prominent open‑source artificial‑intelligence platform, in a transaction valued at approximately $12.9 billion. The bulk of the purchase price—about $11.9 billion—will be paid directly to the investors who hold equity in Hugging Face, while Nvidia has indicated that it could allocate as much as $1 billion in stock‑based i…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia has completed a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, finalising a transaction valued at approximately $12.9 billion. According to reporting by BBC News, the bulk of the purchase price—about $11.9 billion—will be paid directly to the investors who currently hold stakes in Hugging Face. In addition, Nvidia has signaled its intention to alloca…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open‑Source AI Hub Hugging Face in $12.9 B Deal
Nvidia announced that it has completed the purchase of the open‑source artificial‑intelligence platform Hugging Face for an enterprise value of about $12.9 billion. The transaction, reported by BBC News, includes a cash payment of roughly $11.9 billion to the investors who own Hugging Face, while an additional pool of up to $1 billion in stock‑based incentives may be offered to key personnel to e…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Secures Open-Source AI Hub Hugging Face in $12.9 Billion Deal
Nvidia has finalized a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, valuing the deal at an estimated $12.9 billion. According to reports from BBC News, the bulk of the transaction—about $11.9 billion—will be paid directly to the investors who hold equity in Hugging Face, while an additional pool of up to $1 billion is earmarked for stock‑based incentives …
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Purchases Open-Source AI Hub Hugging Face for $12.9 Billion
Nvidia announced a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, sealing a deal valued at approximately $12.9 billion. According to reporting from BBC News, the bulk of the transaction—about $11.9 billion—will be paid directly to the investors who currently hold stakes in Hugging Face. In addition, Nvidia has indicated that it could allocate as much as $1 …
Sept. 4, 2026, 1:50 p.m.