The $12.9 billion acquisition of Hugging Face draws scrutiny from the Department of Justice: Is Nvidia (NVDA.US) trying to seize control of AI's "distribution throat"?
Zhito Finance APP has learned that, according to two people familiar with the matter, the U.S. Department of Justice (DOJ) has opened inquiries into Nvidia's (NVDA.US) $12.93 billion acquisition of the open-source platform Hugging Face to understand how the deal will affect competition in the artificial intelligence sector; at the same time, antitrust enforcers are still advancing a years-long investigation into the conduct of this chip design company.
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