News

US DOJ Probes Nvidia's $12.93 Billion Hugging Face Acquisition Over AI Competition Concerns (Update) (October 28, 2026)

Follow-up: Reuters reports the US DOJ has opened an inquiry into Nvidia $12.93 billion Hugging Face acquisition; Nvidia declined to comment.

一句话总结

The US Department of Justice has opened an investigation into Nvidia's $12.93 billion acquisition of the open-source AI platform Hugging Face to assess its impact on competition in artificial intelligence, according to Reuters; Nvidia declined to comment as of October 28, 2026.

Event Overview ​

  • Update note: This site covered the Nvidia-Hugging Face acquisition in September 2026; this piece is an update focusing on the new DOJ investigation.
  • Time: On October 28, 2026, two people familiar with the matter told Reuters that the US Department of Justice had opened the probe.
  • Event: The DOJ is examining whether Nvidia's acquisition of Hugging Face affects competition in the AI sector.

Key Information ​

ItemDetail
Deal value$12.93 billion
Investigating bodyUS Department of Justice
Report dateOctober 28, 2026 (Reuters, relayed by Chinese media)
Scope of probeNvidia's acquisitions, investments and sales practices, and whether it pressured customers
Company responseNvidia declined to comment

Background and Impact ​

  • Deal background: In September 2026, foreign media reported Nvidia's plan to acquire developer platform Hugging Face for $12.93 billion, betting on the growth of open-source AI demand.
  • Target profile: Hugging Face is headquartered in New York, founded in 2016 by Clément Delangue and others, backed by Intel, AMD and Amazon; the platform hosts models, datasets and software libraries and offers cloud services.
  • Competitive context: Meta, OpenAI and Microsoft are developing in-house AI chips to reduce reliance on Nvidia's expensive, supply-constrained processors; the acquisition is seen as a way for Nvidia to strengthen its developer ecosystem.

Official Sources ​