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US DOJ reviews NVIDIA's $13B acquisition of Hugging Face

11/02/2026 — 11/02, 13:18·1 sources (all)·2 reports (all)

Key takeaways

  • The US Department of Justice is reviewing whether NVIDIA's roughly $12.9 billion acquisition of Hugging Face could harm competition, includi…
  • Jensen Huang pledged the platform will stay open to third parties.

Background & analysis

On September 3, 2026, NVIDIA agreed to acquire Hugging Face for $12.93 billion, with closing expected in the first half of 2027. At the time of the announcement, NVIDIA CEO Jensen Huang pledged that the platform would remain open to third parties.

On October 28, Reuters reported, citing two people familiar with the matter, that the U.S. Department of Justice is examining whether the roughly $12.9 billion deal could harm competition. The questions reportedly focus on whether the acquisition would give NVIDIA control over a key distribution gateway for AI models, or let it leverage commercial negotiations to disadvantage rival chipmakers. The deal has not been blocked.

The two reports published on November 2 differ slightly on the purchase price, describing it as roughly $12.9 billion in one instance and $12.93 billion in the other.

AI-generated from 2 reports · updated 4 days ago

Latest turnNvidia agreed on September 3 to acquire Hugging Face for $12.93 billion, with closing expected in the first half of 2027, according to a developer write-up that cites Reuters reporting on a Justice Department inquiry. The post lays out what teams shipping open models should check before the deal closes.

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Reports on this story headlines open the original

Nov 2
  1. Nvidia agreed on September 3 to acquire Hugging Face for $12.93 billion, with closing expected in the first half of 2027, according to a developer write-up that cites Reuters reporting on a Justice Department inquiry. The post lays out what teams shipping open models should check before the deal closes.

    DEV Community · AIAI score 73
  2. The US Department of Justice is reviewing whether NVIDIA's roughly $12.9 billion acquisition of Hugging Face could harm competition, Reuters reported, asking if the deal would give the chipmaker control of a key distribution point for AI models or leverage in negotiations against rival chipmakers. The deal is not blocked; NVIDIA announced the agreement on September 3, with CEO Jensen Huang pledging the platform would stay open to third parties.

    DEV Community · AIAI score 67

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