The U.S. Department of Justice is investigating Nvidia’s nearly $13 billion acquisition of Hugging Face, announced in September, and its potential impact on competitors to the platform. CNBC confirmed the probe with a source familiar with it, following a Reuters report. When the deal was announced, Nvidia said more than 18 million people and over 200,000 companies used Hugging Face to share at least 3 million models and 500,000 datasets. It is Nvidia’s second-largest acquisition following its $20 billion purchase of Groq assets at the end of last year, which has also drawn scrutiny from the Justice Department.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
