DOJ Probes Nvidia's Hugging Face Acquisition for AI Antitrust Concerns

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Rich

The US Department of Justice is reportedly scrutinizing Nvidia's (NVDA) $12.93 billion acquisition of open-source AI platform Hugging Face for potential antitrust implications . Inquiries focus on how the deal could affect competition in artificial intelligence and whether Nvidia has exerted pressure on customers. This comes amidst a broader, years-long investigation into Nvidia's conduct. The acquisition is expected to close in H1 2027. Any action by the DOJ could challenge Nvidia's AI investment and acquisition strategy, potentially impacting the broader chip industry.

Exclusive-US DOJ is inquiring about Nvidia’s purchase of Hugging Face, sources say

Exclusive-US DOJ is inquiring about Nvidia’s purchase of Hugging Face, sources say

INVESTING.COMOct 28, 6:36 PM UTC
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