Veytics Intelligence
2026-10-28 · CNBC

Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny

Nvidia is facing questions from the U.S. Department of Justice concerning its acquisition of Hugging Face , an open-source platform for hosting and testing AI models, and how that deal may impact competitors in the field. CNBC has confirmed the probe with a source familiar with it. Reuters first reported the DOJ's inquiry on Wednesday. Nvidia announced its nearly $13 billion acquisition of Hugging Face in September , and at the time, CEO Jensen Huang wrote that the deal would help "expand access to AI for developers and institutions worldwide." Hugging Face already had massive adoption.

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