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Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny
Nvidia's $12.9 billion acquisition of AI platform Hugging Face is reportedly under scrutiny from the US Department of Justice, which is examining whether the deal raises antitrust concerns. The deal would be one of the largest in the AI sector, combining the leading AI chipmaker with a widely used hub for open-source machine learning models, and regulators are assessing its impact on competition.
Why now: Antitrust regulators examining a massive AI-sector acquisition is a major development for the tech industry
NvidiaHugging FaceUS Department of Justice
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