Coin Bureau|Sep 02, 2026 21:57
🚨HUGE: $5.2 TRILLION Nvidia is about to make its LARGEST acquisition in history, and a deal could close THIS WEEK.
Nvidia is nearing a $14 BILLION deal to acquire Hugging Face, the open-source AI platform used by 13 MILLION developers, per Bloomberg.
The deal values Hugging Face at 86x its $150 MILLION annual revenue, nearly TRIPLE its $4.5 BILLION valuation from three years ago.
Nvidia now accounts for nearly 8% of the S&P 500, more than the Energy, Utilities, Real Estate and Materials sectors COMBINED.(Coin Bureau)
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