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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, 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 completed a landmark acquisition of the open‑source artificial‑intelligence platform Hugging Face, sealing a transaction valued at about $12.9 billion. According to reporting from BBC News, the bulk of the purchase price—approximately $11.9 billion—will be paid directly to the investors who currently own 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 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 finalized a deal to acquire the widely‑used 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, with an additional provision that could see up to $1 billion of stock‑based incentives offered to key personnel as a retention measure. Am…
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. The transaction, detailed by BBC News, involves an upfront 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 allocated to …
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 Hugging Face, a leading 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 own shares in Hugging Face, while an additional pool of up to $1 billion in stock‑based incentives is slated to be offered a…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Purchases Open-Source AI Hub Hugging Face for $12.9 Billion
Nvidia has announced the acquisition of Hugging Face, the prominent open‑source artificial‑intelligence platform, in a transaction valued at $12.9 billion. According to reports from BBC News, the bulk of the purchase price—about $11.9 billion—will be paid directly to the investors who hold stakes in Hugging Face, while an additional pool of up to $1 billion may be set aside as stock‑based incenti…
Sept. 4, 2026, 1:50 p.m.
News
Nvidia Purchases Open‑Source AI Hub Hugging Face for $12.9 Billion
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 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 pool of up to $1 billion in stock‑based incentives is earm…
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.