*Walter Bloomberg(@DeItaone):$NVDA - NVIDIA TO ACQUIRE HUGGING FACE IN $11.9BN DEAL Nvidia has agreed to acquire Hugging Face in a deal valued at about $11.9 billion for shareholders. Hugging Face will remain an open AI platform. Nvidia also plans up to $1 billion in employee retention awards. The deal is expected to close in H1 2027, subject to regulatory approval.

2026.09.03 12:07

$NVDA - NVIDIA TO ACQUIRE HUGGING FACE IN $11.9BN DEAL Nvidia has agreed to acquire Hugging Face in a deal valued at about $11.9 billion for shareholders. Hugging Face will remain an open AI platform. Nvidia also plans up to $1 billion in employee retention awards. The deal is expected to close in H1 2027, subject to regulatory approval.