Business

Nvidia's Reported Hugging Face Deal Would Near $14 Billion. Neither Company Has Confirmed It.

New reporting points to a signing as soon as this week and a $1 billion retention pool on top of a $12.9 billion price, but the deal remains unconfirmed. Nvidia could reach a deal to acquire Hugging Face as soon as this week, according to a…

Nvidia's Reported Hugging Face Deal Would Near $14 Billion. Neither Company Has Confirmed It.
Nvidia's Reported Hugging Face Deal Would Near $14 Billion. Neither Company Has Confirmed It.

New reporting points to a signing as soon as this week and a $1 billion retention pool on top of a $12.9 billion price, but the deal remains unconfirmed.

Nvidia could reach a deal to acquire Hugging Face as soon as this week, according to a Bloomberg report citing people familiar with the matter, with the transaction's total value put at roughly $14 billion once a previously unreported $1 billion employee retention package is included on top of a $12.9 billion core price. The report cautioned that no final agreement has been reached and terms or timing could still change. Neither Nvidia nor Hugging Face has confirmed it on the record.

This is the first reporting to attach a specific timing window and a retention-package figure to a deal that has circulated since late August without comment from either company. That narrows the story meaningfully, but the deal remains a well-sourced report, not a confirmed transaction, and should be treated that way until one of the two companies speaks or a filing appears.

If it holds, the deal would be one of the largest AI-infrastructure acquisitions of the year, a direct extension of the capital being deployed around AI compute and tooling that has also shown up in Nvidia's own results. Until confirmed, it stays a well-sourced report rather than a done deal.

More articles from FinancialMarkets.com