Reports of Nvidia's $12.9 Billion Hugging Face Deal and DOJ Review Are Unverified

Claims that Nvidia struck a roughly $13 billion deal to acquire Hugging Face, and that the U.S. Department of Justice is now reviewing it, should be treated with caution. The account, attributed to unnamed sources and earlier reporting, describes a transaction and a federal inquiry that cannot be confirmed from the available material.

According to the same account, Nvidia was said to have announced the acquisition in September, with CEO Jensen Huang reportedly saying the deal would broaden developer access to AI. The sources also claimed Hugging Face was used by more than 18 million people and 200,000 companies, and that the purchase would have ranked as Nvidia's second-largest.

None of these details have been independently verified, and Nvidia was described as declining to comment. Until confirmed by the companies or regulators, the reported deal and DOJ scrutiny remain unsubstantiated.

Source: CNBC