US Department of Justice Opens Inquiry into Nvidia's $12.9 Billion Acquisition of Hugging Face
The US Department of Justice has opened an inquiry into Nvidia's $12.93 billion acquisition of Hugging Face, assessing the deal's impact on AI competition, with the core focus being whether the transaction would give Nvidia control of a fundamental distribution point for AI models and software. Nvidia announced the acquisition on September 3, 2026, with consideration including approximately $11.9 billion in cash and up to $1 billion in employee retention equity incentives, and the deal is expected to close in the first half of 2027. Hugging Face hosts more than 3 million AI models and 500,000 datasets, serving over 18 million developers and 200,000 enterprises.
The US Department of Justice has opened an inquiry into Nvidia's $12.93 billion acquisition of Hugging Face, assessing the deal's impact on AI competition, with the core focus being whether the transaction would give Nvidia control of a fundamental distribution point for AI models and software. Nvidia announced the acquisition on September 3, 2026, with consideration including approximately $11.9 billion in cash and up to $1 billion in employee retention equity incentives, and the deal is expect
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