Nvidia Signed the Hugging Face Deal, and This Is the One That Has to Clear Antitrust
Nvidia and Hugging Face entered a definitive merger agreement on September 2 valued at $12,930,300,000, with roughly $11.9 billion to stockholders and up to $1 billion in retention equity. It closes in the first half of 2027 and is the largest deal Nvidia has ever put through conventional merger review.