Thursday, 29 October

Thursday, 29 October, 2026

AI Monopoly Check: DOJ Probes Nvidia’s $12.9B Hugging Face Deal

By TechShots Studio
AI Monopoly Check: DOJ Probes Nvidia’s $12.9B Hugging Face Deal
The U.S. Department of Justice is inquiring into Nvidia’s proposed $12.93 billion acquisition of open-source platform Hugging Face. Federal antitrust officials are examining whether owning the hub would give the dominant chipmaker control over a crucial distribution channel for AI models and data, potentially stifling competition across the artificial intelligence ecosystem.
Read full story at REUTERS

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