U.S. DOJ examining Nvidia's $12.9B Hugging Face acquisition over AI competition concerns, sources say

The U.S. Department of Justice is examining Nvidia's $12.9 billion acquisition of AI platform Hugging Face, asking how the deal would affect AI competition and whether it would let Nvidia capture a fundamental distribution point for AI, two people familiar with the matter said. The deal is unconfirmed and under review.

Detected & updated continuously · Source: Nebula