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AI CURATED HOT STORY · 10/29/2026

US DOJ Probes Nvidia's $12.9B Hugging Face Acquisition

1 reports archived1 independent sourcesupdated 10/29/2026, 07:08:07
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The US Department of Justice is investigating Nvidia's $12.9 billion acquisition of open-source platform Hugging Face, focusing on whether the deal would allow Nvidia to control a core distribution hub in the AI sector. This probe could impact the broader chip industry and challenge Nvidia's expansion strategy, though an investigation does not imply wrongdoing.

LATEST/The US Department of Justice is investigating Nvidia's $12.9 billion acquisition of open-source platform Hugging Face, focusing on whether the deal would allow Nvidia to control a core distribution hub in the AI sector. This probe could impact the broader chip industry and challenge Nvidia's expansion strategy, though an investigation does not imply wrongdoing.

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