Nvidia Agrees to Buy Hugging Face for Roughly $13 Billion -- Market Talk
Dow Jones2026/09/03 12:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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0822 ET - Nvidia agrees to buy Hugging Face, an open-source AI platform, in a deal worth roughly $13 billion. The transaction includes a roughly $11.9 billion purchase price for Hugging Face's shareholders and includes an equity-based retention program of up to $1B for Hugging Face employees joining Nvidia. Nvidia's acquisition is expected to close in the first half of next year, the company says in a regulatory filing.(elias.schisgall@wsj.com)
(END) Dow Jones Newswires
September 03, 2026 08:22 ET (12:22 GMT)
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