Home/ Crypto News/ Nvidia (NVDA) Makes $12.9 Billion Move for Hugging Face in Major AI Acquisition

blockonomi Aug 27, 2026

Nvidia (NVDA) Makes $12.9 Billion Move for Hugging Face in Major AI Acquisition

Stocks

Nvidia (NVDA) stock declines after announcing a $12.9B acquisition of Hugging Face, valuing the AI platform at 86x its annual revenue of $150M.

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Source: Source: Blockonomi