US Justice Department is looking into Nvidia's planned Hugging Face acquisition, Reuters sources say
The US Justice Department is looking into Nvidia's planned acquisition of Hugging Face, according to two sources cited by Reuters. The deal is worth $12.93 billion, and Nvidia expects it to close in the first half of 2027. The company says Hugging Face will keep supporting partnerships with a range of chip, cloud, and AI providers.
NoteHugging Face is where many open models are distributed, so the review is relevant to any bank or insurer that downloads open-weight models.
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