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REPORTED DEVELOPMENT

Report says NVIDIA agreed to acquire Hugging Face for $12.9B

CNBC, citing The Information, reports that NVIDIA agreed to acquire open-source AI model platform Hugging Face for $12.9 billion. Neither NVIDIA nor Hugging Face had issued a primary announcement by this cutoff, so this remains a single-independent-source-group media report.

PUBLIC RESPONSE

By this scan's cutoff, no primary announcement or filing about the transaction was located from NVIDIA, Hugging Face or a regulator.

ENTITIES
NVIDIAHugging Face
REPORTING STATUS
Single-independent-source-group report · no primary confirmation