Nvidia Reportedly Set to Finalize Hugging Face Acquisition This Week, Deal Valued at Up to Approximately $14 Billion

According to Odaily, reports from foreign media citing informed sources indicate that Nvidia is in advanced negotiations with AI startup Hugging Face, planning to acquire the latter for up to approximately $14 billion.

One informed source stated that Nvidia could complete the acquisition as early as this week at a price of $12.9 billion, with the deal potentially including an additional retention plan of around $1 billion for employees. Both parties have not yet reached a final agreement, and the timing and specific terms of the transaction may still change.