Archive
Collection
Hugging Face agreed to a $12.93 billion NVIDIA acquisition
Hugging Face agreed to join NVIDIA in a $12,930,300,000 acquisition. NVIDIA's Form 8-K (event date Sep 2, signed Sep 3) lists about $11.9 billion to stockholders plus an equity retention program of up to about $1.0 billion. Close is guided for the first half of 2027, subject to regulatory approvals. NVIDIA says the Hub stays open and compute-agnostic.
Share this article
Hugging Face agreed to a $12.93 billion NVIDIA acquisition
Open originalHugging Face CEO Clément Delangue posted the company's intention to join NVIDIA in a $12,930,300,000 acquisition. That figure matches Jensen Huang's NVIDIA blog post. Close is guided for the first half of 2027, subject to regulatory approvals.
NVIDIA BlogNVIDIA's blog lists the Hugging Face deal at $12,930,300,000Jensen Huang's Sep 3 NVIDIA blog post headlines the Hugging Face acquisition at $12,930,300,000. NVIDIA says the Hub stays open and compute-agnostic, with other silicon vendors still supported.Read original SECNVIDIA 8-K: about $11.9 billion to stockholders plus up to about $1.0 billion retentionNVIDIA's Form 8-K (event date Sep 2, signed Sep 3) says a definitive agreement is signed: about $11.9 billion payable to Hugging Face stockholders plus an equity retention program of up to about $1.0 billion for employees who join NVIDIA. Close is guided for the first half of 2027, subject to regulatory approvals.Read original