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Wire: NVIDIA May Forge USD14B Acquisition of AI Startup Hugging Face as Early as This Week
02 Sep 2026 10:49
NVIDIA Corporation (NVDA.US) is in advanced talks to acquire AI startup Hugging Face, with the total transaction value potentially reaching about USD14 billion, Bloomberg, citing sources, reported.

NVIDIA could reportedly forge an agreement to acquire Hugging Face for USD12.9 billion as early as this week. The deal may also include a USD1 billion employee retention package for Hugging Face staff.

NVIDIA is already one of the investors in Hugging Face. Other backers include Google, Amazon.com, Inc. (AMZN.US), Intel Corporation (INTC.US) and Salesforce, Inc. (CRM.US).
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