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US DOJ reviews Nvidia's planned $12.93B acquisition of Hugging Face

1 report1 sourceupdated 2 hours ago

What happened

AI digest

On October 29, The Decoder reported that the US Department of Justice is investigating Nvidia's planned acquisition of Hugging Face. The review focuses on whether the deal would let Nvidia control a key AI distribution hub and harm competitors. The reported deal value is $12.93 billion, with Nvidia expecting to close in the first half of 2027. Nvidia says Hugging Face will keep working with multiple chip, cloud and AI providers. The deal is still proposed and under DOJ investigation.

Written by AI from the coverage · updated 2 hours ago

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Oct 29
  1. The DecoderPick
    US antitrust regulators review Nvidia's Hugging Face acquisition and sales practices

    The US Department of Justice is investigating Nvidia's planned $12.93 billion acquisition of Hugging Face, asking whether the deal would give Nvidia control of a central AI distribution hub and harm rivals. Nvidia expects to close in the first half of 2027 and says Hugging Face will keep supporting multiple chip, cloud and AI providers.

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