US Justice Department makes inquiries into Nvidia's $12.93 billion deal to buy Hugging Face

Wed, Oct 28 22:05 UTC+8Updated Thu, Oct 29 09:40 UTC+8

Reuters reported on Oct 28, citing two people familiar with the matter, that the US Justice Department has asked how Nvidia's $12.93 billion deal for open-source AI platform Hugging Face would affect competition, including whether it would give Nvidia a key distribution point for AI. CNBC later confirmed it. Nvidia declined to comment; the deal is expected to close in the first half of 2027.

Why it matters

Hugging Face is the main hub for open models and datasets; the review could affect whether the deal closes and on what terms developers and rival chip and cloud providers keep using the platform.

Sources2

ReutersMediaWed, Oct 28 22:05 UTC+8Exclusive-US DOJ Is Inquiring About Nvidia's Purchase of Hugging Face, Sources SayView original · via U.S. News & World Report · Wed, Oct 28 22:05 UTC+8
CNBCMediaThu, Oct 29 04:13 UTC+8Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutinyView original · Thu, Oct 29 04:13 UTC+8

Written by dalao.ai: the title, summary and why it matters are our own words. The original reports are the record; their publishers keep authorship.