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Nvidia Secures Open-Source AI Hub Hugging Face in $12.9 Billion Deal
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. According to reporting from BBC News, the bulk of the consideration—about $11.9 billion—will be paid directly to the investors who currently hold stakes in Hugging Face, while an additional pool of up to $1 billion may be set as…
Sept. 4, 2026, 1:50 p.m.
News
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 about $12.9 billion. According to reporting from BBC News, the bulk of the transaction—approximately $11.9 billion—will be paid directly to the investors who own shares in Hugging Face, while the deal also includes a potential $1 billion pool of stock‑based…
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 acquisition of the open‑source artificial‑intelligence platform Hugging Face for an enterprise value of approximately $12.9 billion. The transaction, which was first reported by BBC News, involves a cash payment of about $11.9 billion to the existing investors in Hugging Face, with an additional potential pool of up to $1 billion earmarked for stock‑base…
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, agreeing to a purchase price of approximately $12.9 billion. The transaction, reported by BBC News, outlines that Nvidia will transfer about $11.9 billion directly to the investors who backed Hugging Face, while an additional pool of up to $1 billion in stock‑based incentives may be alloc…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Purchases Open-Source AI Hub Hugging Face for $12.9 Billion
Nvidia has sealed a deal to acquire the open‑source artificial‑intelligence platform Hugging Face in a transaction valued at about $12.9 billion. According to reporting by BBC News, the bulk of the purchase price—approximately $11.9 billion—will be paid directly to the investors who own shares in Hugging Face, while Nvidia is also prepared to set aside as much as $1 billion in stock‑based incenti…
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 reporting by BBC News, the bulk of the purchase price—about $11.9 billion—will be transferred directly to the investors who hold stakes in Hugging Face, while Nvidia has earmarked an additional $1 billion that could be distribut…
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, agreeing to a purchase price of about $12.9 billion. According to reporting by BBC News, the bulk of the transaction—approximately $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 mu…
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‑valued $12.9 billion. The transaction, reported by BBC News, involves a cash outlay of about $11.9 billion to the investors who own Hugging Face, while the tech giant also plans to set aside as much as $1 billion in stock‑linked incentives designed to retain key t…
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.
News
Nvidia Purchases Open-Source AI Hub Hugging Face for $12.9 Billion
Nvidia has finalized a deal to acquire the open‑source artificial‑intelligence platform Hugging Face for an estimated $12.9 billion. The transaction, reported by BBC News, involves a cash payment of about $11.9 billion to the investors who backed Hugging Face, while an additional pool of up to $1 billion in stock‑based incentives may be offered to retain key talent and align interests after the a…
Sept. 4, 2026, 1:50 p.m.