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Nvidia Nears $14 Billion Deal to Buy Hugging Face | The Pulse 9/2/2026


The conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and Iran saying it had retaliated. Meanwhile President Donald Trump downplayed the chances of a deal, writing in a post on Truth Social that he’s “not trying to force Iran to the bargaining table.” 

The yield on 30-year US government bonds climbed back to levels seen just before Treasury Secretary Scott Bessent expanded a buyback program in an effort to contain long-term borrowing costs.

Bloomberg has learned that Nvidia is in advanced talks to acquire artificial intelligence startup Hugging Face in a transaction that may total about $14 billion.

Today’s guests: Olivier Roussat, Bouygues CEO; Anneka Treon, ING Global Head of Private Banking, Wealth Management & Investments; Brett Bruen, The Global Situation Room President; Ed Barnett, Latham & Watkins London Office Managing Partner


The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:17 – Olivier Roussat, Bouygues CEO
00:14:22 – Market roundtable: Bloomberg Intelligence’s Matthew Bloxham & ING’s Anneka Treon
00:23:57 – Wednesday headlines
00:24:45 – US-Iran conflict intensifies
00:26:45 – Brett Bruen, The Global Situation Room President
00:32:35 – Oil & gas climb as Iran war intensifies
00:34:19 – Andy Burnham to face first Prime Minister’s Questions today
00:42:27 – Ed Barnett, Latham & Watkins London Office Managing Partner
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