U.S. Justice Department Inquires About NVIDIA's $12.93 Billion Acquisition of Hugging Face

The U.S. Department of Justice is inquiring into NVIDIA's $12.93 billion acquisition of the AI open-source platform Hugging Face, focusing on the impact of the deal on competition in the AI industry and whether NVIDIA will use it to control key AI distribution channels and suppress competitors. This inquiry is part of a multi-year investigation by the Justice Department into NVIDIA's acquisitions, investments, and sales practices, which also includes NVIDIA's acquisitions of SchedMD, Run:ai, and its technology licensing deal with Groq. NVIDIA expects the acquisition to be completed in the first half of 2027.