DOJ probes Nvidia’s $12.93 billion acquisition of Hugging Face
The U.S. Department of Justice opened an antitrust inquiry on October 28 2026 into Nvidia’s proposed purchase of Hugging Face for $12.93 billion. Regulators are examining whether owning the open‑source model hub would give Nvidia control of a key AI distribution point and could disadvantage rival chipmakers. Nvidia announced the deal on September 3 2026 and says it remains on track to close in the first half of 2027.
Why it matters
If the DOJ escalates the review, the closing timeline could be delayed or the transaction could be conditioned, affecting Nvidia’s exposure to the AI software layer. The company’s statement that the deal is still on track () reflects its expectation that the probe will not immediately halt the transaction.
Key facts
- 1The DOJ began asking questions about the acquisition on October 28 2026. shattered.io
- 2Nvidia’s proposed purchase of Hugging Face is valued at $12.93 billion. shattered.io
- 3Nvidia announced the acquisition on September 3 2026. startupfortune.com
- 4Nvidia says the deal is still expected to close in the first half of 2027. startupfortune.com
- 5Hugging Face serves roughly 18 million developers and about 200,000 companies. startupfortune.com
- 6The platform hosts about 3 million models, 500,000 datasets and 1 million applications. startupfortune.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.