Nvidia Buys Hugging Face in $12.9 Billion Deal
Reported by New York Times Business · nytimes.com · September 3, 2026
The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.
What the tape says
What to watch: NVIDIA Corp. (NVDA) is involved in M&A activity valued around $12.9 billion — deal terms and financing structure matter more than the headline here.
Market reaction today: $NVDA +0.84%
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