According to a report published by the Times of Oman, chipmaker Nvidia has allegedly acquired the AI platform Hugging Face for a total of USD 12.93 billion. The report claims that Nvidia CEO Jensen Huang announced the acquisition in a blog post on Thursday, suggesting a major consolidation in the artificial intelligence sector.
However, a review of official Nvidia communications and major international financial news wires shows no evidence of such an agreement. There has been no official press release from either Nvidia or Hugging Face confirming a merger or acquisition, and no regulatory filings have been submitted to support the claim. The report appears to be unsubstantiated and lacks corroboration from any credible industry sources.
Nvidia, a leader in the semiconductor industry, frequently engages in strategic partnerships within the AI ecosystem, but this specific claim of a multi-billion dollar acquisition remains unverified and contradicts current market information. Readers are advised to rely on official corporate disclosures for information regarding significant business transactions.
There is no credible record of Nvidia acquiring Hugging Face, and the claim appears to be a fabrication. Major financial and technology news outlets have not reported such a deal, and Nvidia's official communications contain no mention of this acquisition.
No corroborating trusted sources found.
Original report: Times of Oman