Nvidia Nears $14 Billion Deal to Acquire Hugging Face, Bloomberg Reports

Nvidia is close to sealing a $14 billion deal to acquire Hugging Face, the open-source AI model-sharing platform, Bloomberg reported. The deal could be finalized this week, though terms have not been fully disclosed. The move would extend Nvidia's reach beyond chips and into the software layer where developers build and share AI models, potentially deepening its grip on the AI development pipeline. It comes as Nvidia stock has drawn renewed attention following a post-earnings rally that analysts still describe as leaving the stock relatively undervalued. What remains unresolved is whether the deal will draw antitrust scrutiny given Nvidia's dominant position in AI hardware, and whether the final price or structure will differ from the reported $14 billion figure once terms are confirmed.