NVIDIA Signs Definitive Agreement to Acquire Hugging Face for $12.9B

NVIDIA has agreed to acquire Hugging Face for $12,930,300,000, the chipmaker announced on its blog on September 3, 2026. According to an 8-K filed with the U.S. Securities and Exchange Commission, the two companies entered into a definitive agreement on September 2, 2026. The transaction includes an approximately $11.9 billion purchase price payable to Hugging Face stockholders, subject to certain adjustments, and an equity-based retention program of up to approximately $1.0 billion for Hugging…

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