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Nvidia to Acquire Hugging Face in $12.93B Deal

NVIDIA logoNVIDIA
Sig4.70Sen+4.80Env0.00Soc+1.10Gov+2.10
Dominion Energy logoDominion Energy
Sig4.22Sen+2.84Env0.00Soc0.00Gov+2.96
Nextera Energy logoNextera Energy
Sig4.80Sen+2.60Env0.00Soc0.00Gov+1.10
Vertiv Holdings logoVertiv Holdings
Sig2.70Sen+1.80Env+0.90Soc+0.50Gov0.00

Nvidia took part in Hugging Face’s 2023 $235 million funding round, valuing the startup at $4.5 billion, with the transaction announced in May and later requiring shareholder approval and regulatory clearances to close. Nvidia also announced Sept. 3 its acquisition of Hugging Face, valued at about $12.93 billion, as the broader September deal slate included major utility mergers and microgrid investments.

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