DOJ Questions Nvidia About $12.9 Billion Hugging Face Deal
Summary
The Department of Justice is questioning Nvidia about how its $12.9 billion acquisition of Hugging Face, an open-source platform for hosting and testing AI models, could affect competitors. Hugging Face sells infrastructure and collaboration tools, including to chip companies. Nvidia, which announced the deal in September, declined to comment.
Key Points
- An unnamed source confirms the DOJ inquiry to CNBC, after Reuters first reported it on Wednesday.
- Hugging Face counts more than 18 million users and 200,000 companies sharing 3 million models and 500,000 datasets, Nvidia said at the deal's announcement.
- Nvidia's $20 billion purchase of Groq assets, its largest, has also drawn DOJ scrutiny.