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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, valuing the deal at an estimated $12.9 billion. According to a BBC News report, the bulk of the purchase price—about $11.9 billion—will be transferred directly to the investors who backed Hugging Face, while an additional pool of as much as $1 billion may be allocated as stock‑based incen…
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 has finalized a transaction to acquire the open‑source artificial‑intelligence platform Hugging Face for an estimated total value of $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 indicated that it could allocate as much as $1 bill…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Purchases Open‑Source AI Hub Hugging Face for $12.9 Billion
Nvidia has completed a $12.9 billion acquisition of the open‑source artificial‑intelligence platform Hugging Face, a move that underscores the chipmaker’s ambition to deepen its foothold in the rapidly expanding generative‑AI ecosystem. According to reporting from BBC News, the transaction will see Nvidia remit about $11.9 billion to the investors who backed Hugging Face, while an additional pool…
Sept. 4, 2026, 1:50 p.m.
News
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 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 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 Secures Open‑Source AI Hub Hugging Face in $12.9 Billion Deal
Nvidia has completed the purchase of the open‑source artificial‑intelligence platform Hugging Face for an enterprise value of about $12.9 billion. According to reporting from BBC News, the bulk of the consideration – roughly $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 in stock‑based incentives may 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 purchase of the open‑source artificial‑intelligence platform Hugging Face for an estimated $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 own shares in Hugging Face, while an additional pool of up to $1 billion may be allocated as stock‑based incentives designed to retain key ta…
Sept. 4, 2026, 1:50 p.m.
News
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 about $12.9 billion. According to reports from BBC News, the bulk of the transaction—approximately $11.9 billion—will be paid directly to the investors who backed Hugging Face, while an additional sum of up to $1 billion could be allocated in the form of st…
Sept. 4, 2026, 1:50 p.m.