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"?

date
29/10/2026
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.