Nvidia has not confirmed the $12.9 billion Hugging Face deal reported Aug 26. Will either company announce it by Sept 2?
52% of users predicted YES — the community missed this one. 25 predictions cast.
Reports that Nvidia had agreed to buy AI platform Hugging Face for roughly $12.9 billion first surfaced on August 26, 2026, but neither company issued a formal, on-the-record confirmation by the September 2 deadline this question tracked. Nvidia filed an 8-K with the SEC on September 2 disclosing a definitive agreement, but the filing was not widely reported until September 3, when CNBC and other outlets confirmed the deal's terms.
The finalized agreement showed Nvidia paying about $11.9 billion to Hugging Face shareholders plus roughly $1 billion in employee retention equity, with the deal expected to close in the first half of 2027 pending regulatory approval. Hugging Face CEO Clem Delangue told CNBC that his company had approached Nvidia's Jensen Huang about the deal weeks earlier, tying the acquisition to Nvidia's push for closer ties to the open-source AI developer community after Hugging Face suffered a high-profile security breach earlier in the summer.
The community had priced a narrow 52% chance of confirmation by the deadline, and the outcome landed on the No side by a matter of hours: the deal became public knowledge essentially right after the question's cutoff, illustrating how sensitive this kind of near-term timing market can be to disclosure logistics rather than to whether the underlying deal was real.