Nvidia strikes $12.9bn deal to buy AI platform Hugging Face
Reported by BBC Business · bbc.co.uk · September 3, 2026
The deal gives Nvidia control of a leading open-source AI platform and developer community.
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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