Market Chatter: Nvidia Close to Acquiring Hugging Face in Potential $14 Billion Deal

04:13 AM EDT, 09/02/2026 (MT Newswires) -- Nvidia (NVDA) is in late-stage discussions to buy Hugging Face, an artificial intelligence startup, in a deal that may total roughly $14 billion, Bloomberg News reported Wednesday, citing people familiar with the matter. The companies may strike a deal as soon as this week, one of the sources told the news outlet, adding that the agreement may include a $1 billion retention package for Hugging Face employees. Nvidia and Hugging Face didn't immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)