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REPORTED DEVELOPMENT

NVIDIA–Hugging Face deal: official announcement follows media reporting

Following CNBC's August 27 report citing The Information, NVIDIA announced agreed consideration of $12,930,300,000 on September 3. The original reporting remains in the timeline; the agreement is now officially announced, without a disclosed closing.

ORIGINAL SOURCECNBC / The Information
PUBLIC RESPONSE

NVIDIA announcement, September 3: https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/ . Reviewed September 5; multi-cloud and multi-accelerator support will remain, without requiring NVIDIA compute.

ENTITIES
NVIDIAHugging Face
REPORTING STATUS
OFFICIAL RESPONSE · AGREEMENT ANNOUNCED